Unemployment Compensation
Max Weekly Benefit Amt.
Max Weeks of Benefits
Max Benefit Amount
Unemployment compensation is calculated in Indiana based on your eligibility criteria. As a result, your unemployment benefits will vary. Someone who worked the same job as you might receive a higher or lower unemployment benefit amount, depending on several factors.
Calculating Indiana Unemployment Benefit Amounts
Determine Your Weekly Benefit Amount
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Your Weekly Benefit Amount (WBA) is determined by dividing your total base period wages (as calculated above) by 52 and then multiplying that number by 0.47. That amount is then rounded down to the whole number below it. The maximum WBA in Indiana is currently $390.
EXAMPLE: If you made $35,000 in your base period, you would divide that by 52 ($615.38 or your average weekly wage) and multiply that by 0.47 ($289) to calculate your WBA. Any base period total over $43,148 will receive $390, regardless of the above-mentioned calculation.
Determine Your Maximum Benefit Amount
Multiply your WBA by 26 to calculate your Maximum Benefit Amount (MBA). In the example above, that would be $289 x 26 = $7,514. The maximum amount payable would then be $10,140 ($390 x 26).