Right now, the use of marijuana in the country is a hot topic. As more states are legalizing it for medicinal purposes, others are moving to legalize it without a prescription. Regardless of your opinion, as an employer, you need to be aware of these changes to your business. Read more
When you receive an unemployment insurance claim, you have the chance to approve or deny it. Depending on your selection, the former employee making a claim may decide to challenge your decision through an appeal process. Read more
The word hearing conjures up images of a courtroom with judges, attorneys, and a jury, but an unemployment hearing is more informal. Legal representation may be present along with officials from the unemployment office. The goal is to review the claim and allow the responsible party, either employee or employer, show their burden of proof. Read more
When it comes to unemployment insurance, you probably have a lot of questions. It’s a complicated world and many businesses don’t have the resources to dedicate a person fully to navigating its waters. To help you out, here are some of the most frequent questions we’re asked by current and prospective clients. Read more
4 Tips to Ensure Your Responses to State UI Information Requests Won’t Violate the UI Integrity Act
The Language of Unemployment – Part One
What You Should Be Looking For In An Unemployment Software
How Unemployment Claims are Costing Your Business
Overpaid unemployment insurance benefits total in the billions of dollars each year – not millions but billions! Many businesses pay significantly more than necessary and most of them don’t even realize it.
Don’t think unemployment insurance is costing you more than it should? Let’s do the math:
- Unemployment insurance costs have risen nearly 80%, reaching new heights.
- An average unemployment insurance claim costs about 4000 dollars in actual charges to an employer’s UI Reserve Account.
- The actual UI tax cost to the employer for a single claim is usually significantly higher than the actual charges.
- On average across the US, $13 in every $100 of unemployment insurance benefits was paid in error.
- On average, businesses spend 13% more on unemployment claims than they need to.
- Employers only win around 50% of the unemployment protests they file.
In shock? Managing unemployment insurance (UI) claims is no easy task. Not only is it time-consuming but it is also complicated and expensive. But it doesn’t have to be! The good news is you have the power to lower your UI costs. Establishing an effective UI cost management program, utilizing an unemployment tracking software, and getting help from unemployment experts can provide you with the tools to reduce these costs significantly. The math is simple and so is your solution. Visitwww.unemploymenttracker.com