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When you are an employee (W-2 wages) your employer should withhold FICA and Medicare taxes from your pay. When the employer pays their taxes to the IRS, they are responsible for matching the amount they withheld from employees. The result is employees pay 7.65% of wages in FICA and Medicare Tax and employers pay 7.65% for a combined 15.3% tax on wages.
Actually in 2011 employers will pay 2% points more because of the FICA exclusion for individual employees.
In 2011 the employer will pay 2% points more than the employee, but will continue to pay 7.65% for wages up to $106,800 and then 1.45% for every dollar above $106,800.
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