Due to Florida's current unemployment conditions business owners must prepare themselves for an increase in State Unemployment Tax rates in January. Florida's Unemployment Compensation fund was exhausted in August and as a result, the minimum unemployment tax will increase by over 1,000%.

MBA assists clients through the aggressive management of unemployment claims and is often able to demonstrate hard dollar savings through a co-employer relationship with its clients.

Call MBA today to determine if
MBA can assist with your State
Unemployment Tax concerns.

 

888-622-6460 x2010

Background Information on Unemployment Tax issue:

• The economic recession has led to the current unemployment rate of 10.2% (October 2009), a rate that has more than doubled from 2006 (4.1%).

• States are expanding and/or extending unemployment benefits to additional employees creating an additional burden to the system. This has led to an increase of rates for all employers.

• Using past recessions as a guide, the employer costs associated with unemployment compensation doubles during period of high unemployment.

How can MBA help you?

• Through administrative efficiencies and system expertise, MBA can assist in controlling your costs, remove the burden of complying with the numerous filing requirements, and identify unjustified claims.

• As an employer funded system, there is no way around the fact that rising rates are going to impact all employers. However, there are steps you can take to help control costs to the greatest extent possible. MBA's team of expert Human Resources professionals can create a strategic program for your business.

Call MBA today to determine if
MBA can assist with your State
Unemployment Tax concerns.

 

888-622-6460 x2010

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