Unemployment Insurance

Unemployment Insurance Cost Control

This program emphasizes a preventative approach to reduce this payroll expense by addressing the two areas that comprise employers’ tax rates and related costs, and is applicable in both the for-profit and not-for-profit arenas.

Fiscal – We conduct an initial audit and review of our clients’ accounts for the three year statute of limitations. Refunds are available in the event of missed opportunities that resulted in overpayment of unemployment insurance taxes. We check for exempt remuneration, removal of liability and recalculation of the tax rates, if applicable. With the recent statutory increases, additional burdens have been placed on employers to control this payroll tax.

Claims Control – By stressing a preventative approach to controlling unemployment insurance claims through education and documentation, we are able to reduce the unemployment insurance benefit charges. This has assumed added importance with the recent law changes. This leads to a reduction of our clients’ unemployment insurance tax costs. As part of our program of administering the unemployment claims, we provide full representation at Unemployment Insurance Administrative Law Judge Hearings and before the Appeal Tribunals.

Not-for-profit employers have the option of paying on the direct reimbursement basis, which is another name for being self-insured. In those instances, there is no tax rate, but the employer reimburses the state for unemployment benefits paid to former employees of the not-for-profit.

We will be pleased to conduct a feasibility study at no cost to determine the extent of savings available. Frequently, this area does not receive the attention of management that is warranted resulting in unrecognized overpayments of these costs.