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What can an employer do to prevent future rate increases?

April 26, 2017employer future increases rate

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What can an employer do to prevent future rate increases?

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Experience ratings are calculated by dividing 1.25 times the total UI benefits paid to your employees during the experience rating period by your total taxable payroll for the same period. If the payroll increases, or the benefits paid decreases, your rate will not increase and may go down.