2018 Unemployment Cost Facts for Oregon
What do state unemployment tax (SUTA) costs, claims costs ang wage base amounts mean to your organization?
These factors could mean less money for your cause.
$845 Average SUTA Cost per Employee
Factors used in calculating employer state unemployment rates have increased; therefore increasing the average unemployment tax cost per employee by 66% since 2008. At $845, Oregon’s average SUTA cost is the highest in the US.
Unemployment Claim Stats
$15,704 Total Maximum Benefits
A claimant can collect up to a maximum of $15,704 on a single claim.
$71 Million Unemployment Claim Overpayments
Oregon’s fiscal year 2018 unemployment claim overpayment rate was 14.652%, equaling over $71 million.
$39,300 2018 Taxable Wage Base
Oregon’s unemployment wage base increased from $38, 400 in 2017 to $39,300 in 2018, therefore increasing the wages on which employers pay SUTA on.
First Nonprofit Group provides state compliant, individually insured, cost-saving options to satisfy SUTA requirements for nonprofit, governmental and tribal entities. Click here or call us at (503) 858-5622 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!