unemployment management Archives - Page 3 of 4

“How Are My UI Costs Calculated and What Am I Actually Paying Out?”

Unemployment costs are the only payroll tax that an employer can actually control – it also happens to be one of the largest employer expenses each year. For this reason (and others we describe in some of our other blogs), it is critical to the bottom line for employers to control or even reduce this tax. To understand what you can do to reduce your UI costs, you first need to understand how it is calculated. Although each state may calculate the actual tax rate for employers differently, the UI system is based on a single concept — Experience Rating.

“Let’s Talk Unemployment: What Do Those Numbers Mean?”

The national average UI overpayment rate is almost 13 percent (actual overpayment rates by state range from about 5 percent up to 31 percent). The average employer only wins about 50 percent of the protests that they file which further contributes to inflating the charges to their account and leading to increased UI costs.

“Understanding Unemployment Costs”

July 13, 2016/in unemployment management /by Brian Paavola

Unemployment costs are rising rapidly. In fact, in the last decade alone, they’ve risen more than 80 percent! While these claims can be irritating, the fact is at one point or another your business will have to address them. How you manage them, however, is up to you.

Many businesses think that UI costs are just another business expense; they suck it up, pay the bill, and get back to work. These companies probably don’t realize that they have the ability to manage and reduce overpayments, and by allowing these errors to go unchecked they are devastating the bottom line. Read more

“Proper Employee Documentation Is Key to UI Cost Management”

June 22, 2016/in unemployment management /by Brian Paavola

Employers win only half of all protested claims for unemployment insurance (UI). That low success rate keeps many from even trying. However, most of those protested claims fail because employers are unprepared to make a strong case.

There are a number of reasons why an employer might fail in protesting a UI claim, including inadequate policies and processes, missed deadlines, and ignorance of state UI laws and processes. However, the main reason that most employers lose a UI claim protest involves poor, or missing, employee documentation. In this post we’ll provide tips on how you can organize your employee documentation and develop effective UI cost management systems. At Unemployment Tracker, we know that just a little bit of planning and investment can save lots of money and grief in the long run. Read more

“How Are My UI Costs Calculated and What Am I Actually Paying Out?”

“Let’s Talk Unemployment: What Do Those Numbers Mean?”

“Understanding Unemployment Costs”

“Proper Employee Documentation Is Key to UI Cost Management”

“Tax Season Doesn’t End in April for UI Managers”

“Spring Clean Your Space: 4 Tips for Organizing Your Office”

“How to Lower Your UI Costs: You’re Paying Too Much”

“Winning an Unemployment Hearing: 6 Tips for Employers”

“Knowledge Is Power: How To Lower Your UI Tax Rate”

“9 Ways UI Management Software Makes Your Life Easier”