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The Manager's Role in Controlling Unemployment Costs |
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Written by NFIB.com
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Friday, 27 June 2008 |
Unemployment compensation insurance is a statutory benefit; every employer is required by law to participate in its state's unemployment insurance program. Although differences exist throughout the country, employers are generally subject to experience rating in that they are taxed according to their claims history. So the more a company's claims can be kept under control, the less the company will pay out in premiums. (In some states there are exceptions for nonprofit organizations that are required to pay on a dollar-for-dollar basis, paying actual costs as incurred.)
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Last Updated ( Thursday, 18 June 2009 )
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