1) Determine your Average Weekly Wage (AWW) by dividing your total base period earnings by the total number of base period weeks worked.
2) Calculate the Weekly Benefit Amount (WBA) as a percentage of your AWW:
- For AWWs of $1 to $399.99, your WBA is 55% of your AWW.
- For each additional $1 of AWW over $400, your WBA decreases by 1% (down to a minimum of 30%).
For instance, if your AWW is $450:
- WBA = 55% of $400 = $220
- For the AWW over $400 ($50), your WBA is reduced by 1%:
- WBA = $220 + (0.01 * $50) = $220.50
There is also a minimum WBA of $54 and maximum WBA of $520.
So, if you lived in Maryland and wanted to determine how much your weekly unemployment check would be, you could use the above steps to calculate your weekly benefit amount based on your earnings during the base period.