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What is the Workforce Development Fee?

April 26, 2017Development fee workforce

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What is the Workforce Development Fee?

3 Answers

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The Workforce Development Fee of .10 percent of taxable wages is assessed in addition to the UI tax due. It is deposited in the Workforce Development Fund, which was created to fund programs that help workers who lose long-held jobs.

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A fee collected and deposited into the Minnesota Workforce Development Fund for the purpose of supporting employment and training programs for workers who have permanently lost their jobs. (116L.20). See UI Tax Rates for current rate information.

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A fee collected and deposited into the Minnesota Workforce Development Fund for the purpose of supporting employment and training programs for workers who have permanently lost their jobs. (§116L.20). See UI Tax Rates for current rate information.