Employer-paid unemployment insurance taxes and costs have increased in recent years. For some employers, UI tax liabilities have increased by more than 300 percent and have had a significant impact on the bottom line.

While higher UI tax liabilities are just the most obvious risk created by employee separations and unemployment insurance claims; they are only the beginning. Unemployment insurance claims increasingly expose organizations to other potential liabilities: from wage and hour violations for misclassifying independent contractors to providing plaintiffs with discovery opportunities in other employment litigation.

Effective management of an organization's unemployment insurance experience provides the organization with the opportunity to improve its talent management results, improve its hiring and on-boarding processes, enhance its performance management and discipline procedures, and reduce its exposure to discrimination and wrongful discharge claims.

Effective UI management also allows organizations to use UI metrics to assess human capital risks, measure supervisor and manager performance, more accurately allocate resources and have a positive impact on the bottom line.

Course Objectives:-

This session provides an update on federal and state UI issues, assesses the risks and costs associated with UI taxes and benefits, and discusses effective UI tax management and cost control techniques.

Course Outline:-

• Gain an understanding of key unemployment insurance issues
• Discuss the strategic issues of employment stabilization and employee separation management
• Learn to identify and assess the risks associated with the federal-state UI program
• Discuss the financial implications of UI liabilities
• Learn how sound HR management practices reduce an organization's exposure to UI liabilities and costs
• Identify and use UI Key Performance Indicators (KPIs)

Who Will Benefit:-

• HR
• CFOs
• Controllers
• Payroll
• COOs
• Lawyers