5 Benefits of Utilizing Unemployment Tracker

Have you considered getting help with unemployment insurance claims? You know the struggle of trying to balance your regular responsibilities with the added work of UI. Currently, you’re doing your best to monitor all the claims that come through and respond appropriately, but sometimes it’s hard, and you worry about what you’re missing.

If this sounds like you, now might be the time to outsource some or all of the work to save you both time and money. Here are five benefits to using Unemployment Tracker.

1. We have a full range of solutions to meet your exact needs

We know your unemployment insurance needs aren’t a one size fits all situation. Depending on your staff size and capabilities, you need something that is custom fit for your organization. Whether you’re looking for full-service consultative services or a do it yourself approach, we have the option for you. Visit our Solutions page to learn more about each one.

2. We are here for you, first and foremost

Even with a technology focus, we understand the importance of having accountable team members available to meet your unique needs. Our goal is to go beyond being just a vendor and be your partner in unemployment insurance. Customer service will always rank higher to us than growth and revenue.

3. You’ll win more with us

A normal employer contesting an unemployment insurance benefit claim will win about 50% of the protests they file. For comparison, we’ve won more than 90% of the ones we’ve filed for our clients. The proof is in the results.

4. We’re experienced professionals

We’ve been doing this since 2012 and bring more than 60 years of experience to the table. Together, our combined expertise helps us create no-hassle customer service and solutions that lead to real results for you.

5. We stay on top of the law changes

When you’re handling UI on your own, you have to factor in everything else associated beyond just the claims that come in. With your annual rate to consider and changes in tax law, you want the people on your side who know and keep up with that information.

Request a live demo today

Beyond just telling you what we have to offer, we want to show you. Request a demo today of our software to see firsthand what Unemployment Tracker can do for your company.

How Much Money Could I Save Using an Unemployment Insurance Software?

Sometimes it can feel like the costs associated with your business are out of your control. You know there are some areas where you can make a difference, but certain expenses are what they are. Too many business owners lump unemployment costs into the uncontrollable realm without understanding what can be done.  

Fortunately, there is something you can do when it comes to how much you pay for unemployment insurance. Before you can see how much you could save, you need to see how much you’re spending and potentially overpaying. Start with these three steps to determine your costs:  

  1. Locate your UI Tax Rate and Taxable Wages for 2018 and multiply the Taxable Wages by the tax rate. This will show you how much you paid last year. 
  2. Take the total amount of UI taxes you paid in 2018 and then multiply that amount by 12 percent. This ballpark estimate is based on the national average for UI overpayment. 
  3. Finally, find your net UI charges for 2018 located on your quarterly UI charge statement or annual UI tax rate notice. Once you have it, multiply it by 12 percent. The result is the estimation of UI charges you’ve overpaid to a claimant in error.  

Your findings probably revealed a startling truth – your UI claims are costing your business more than you think. In fact, more than $3 billion unemployment benefits are overpaid every year. The good news is an unemployment insurance software can 100 percent help you lower your costs.  

UI management software is designed to identify claims that shouldn’t be paid, effectively protest them, catch costly errors, and identify credits you’ve earned. By using UI software, you can: 

  • Increase credits to your State UI Account by up to 35% 
  • Significantly reduce missed deadlines and errors 
  • Reduce the labor need to manage your UI program by up to 50%

On top of the results, UI management software is powerful, easy to understand, customizable, efficient, and will save you time and money. Don’t be controlled by your UI costs anymore – contact Unemployment Tracker today for a free demo.   

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