Managing Unemployment Insurance Costs: 2015 Update

Employer paid unemployment insurance taxes and costs in many states have become a burden. Employers in some states have seen their UI tax liabilities increased by more than 300 percent. In many states UI taxes and liabilities can have a significant impact the bottom line. While for an increasing number of employers higher state UI tax liabilities have become the most obvious risk created by employee separations and unemployment insurance claims, unemployment insurance claims also 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, UI claims represent significant potential threat.

This webinar 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.

Effectively managing your organization's unemployment insurance tax liability and costs provides your organization with the opportunity to improve its talent management results, improve its hiring and onboarding processes, enhance its performance management and discipline procedures, and reduce its exposure to discrimination and wrongful discharge claims. Effectively managing your UI management liability and costs also allows your organization to assess human capital risks, measure supervisor and manager performance, more accurately allocate resources, and have a positive impact on the bottom line.

• 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 your organization's exposure to UI liabilities and costs
• Identify and use UI Key Performance Indicators (KPIs)

• HR professionals
• Payroll managers
• UI Specialists
• Operations managers
• CFOs
• Risk managers
• External and Internal Auditors