How does an application for unemployment benefits affect my UI Employer Account?
If an applicant was involuntarily separated from your employ due to lack of work, some or all of the unemployment benefits paid to the applicant will be charged to your account. The experience rating portion of your UI rate is determined by dividing benefits charged to your account by taxable payroll that you report. Therefore, the effect of any benefit account on your UI rate depends on the amount of unemployment benefits collected by the applicant and the amount of your total taxable wages. A single benefit account will have little or no impact if you have a very large payroll, but may cause a large increase in your UI rate if you have a very small payroll. In no event will your UI rate be greater than the maximum rate, regardless of the amount of benefits charged to your account.
Related Questions
- As a contributory employer, how does an application for unemployment benefits affect my Unemployment Insurance Employer Account?
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- How does an application for unemployment benefits affect my UI Employer Account?
