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Monthly Archives: April 2018

2018 Unemployment Cost Facts for Oregon

OR 2018

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.

savings snipUnemployment 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.

2016: $36,900

2015: $35,700

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!

 

2018 Unemployment Cost Facts for Arizona

2018 AZ

What do state unemployment tax (SUTA) costs and claim overpayments amounts  mean to your organization?

These factors could mean less money for your cause.
$23 Million Unemployment Claim Overpayments

Arizona’s fiscal year 2017 unemployment claim overpayment rate was 9.269%, equaling over $23 million.

Unemployment Tax Increases

66% Tax Rate Increase

The average state unemployment tax rate has increased by 66% since 2009.

$58 SUTA Cost Increase Per Employee

Factors used in calculating employer state unemployment rates have increased; therefore increasing the average unemployment tax cost per employee by $58 since 2009.

$2.00 for every $1.00 SUTA vs Benefits Paid

Arizona employers paid $2.00 in SUTA to the Department of Economic Security for every $1.00 paid in unemployment benefits in 2017.

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 (214) 360-2477 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!

2018 Unemployment Cost Facts for Pennsylvania

PA 2018

 

What do state unemployment tax (SUTA) costs, claims costs and wage base amounts mean to your organization?

These factors could mean less money for your cause.

$573 Average SUTA per employee

In 2009, employers in Pennsylvania paid an average of $371 on SUTA per employee to the Department of Labor & Industry. By 2017, that cost had increased by 55% to $573 per employee.

savings snip$15,106 Total Maximum Benefits

A claimant can collect up to a maximum of $15,106 on a single claim.

$10,000 2018 Taxable Wage Base

The unemployment wage base increased from $8,000 to $8,500 in 2013, and has continued to increase since, therefore increasing the wages on which employers pay SUTA on.

$100 per employee Bond Interest Factor Cost

As a result of the Great Recession, Pennsylvania borrowed from the federal government from 2009 through 2012, then financed the outstanding debt through the issuance of bonds in the private market. An Interest Factor of 1.1% was created to pay the debt service on the bonds and changed to employers paying SUTA. However, Interest Factor payments are not credit to employers’ reserve accounts nor their experience record for future rate computation purposes.

The Interest Factor will cost employers $110 per employee in 2018 alone.

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 (312) 239-8385 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!

2018 Unemployment Cost Facts for New York

NY 2018

 

What do state unemployment tax (SUTA) costs, claims costs and wage base amounts mean to your organization?

These factors could mean less money for your cause.

$319 Average State Unemployment Tax (SUTA) Cost per Employee

Employers paid an average of $319 per employee in state unemployment insurance taxes in 2017

Unemployment Claim Stats

$10, 530 Total Maximum Benefits 
savings snip

A claimant can collect up to a maximum of $10,530 on a single claim.

$324 Million Unemployment Claim Overpayments

New York’s fiscal year 2017 unemployment claim overpayment rate was 14.139% equaling over $324 million.

$11,100 2018 Taxable Wage Base

The unemployment wage base increased from $8,500 in 2013 to $10,300 in 2014, and will continue to increase by $200-$300 each year through 2026; therefore increasing the wages on which employers pay SUTA on.

2019: $11,400

2026: $13,000

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 (312) 239-8385 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!

 

Meet Your Director: Danielle Clore

dc-headshot-2013

Danielle Tharp Clore has served on the Unemployment Savings Program board since 2015.

She is the Executive Director/CEO of our Kentucky state association partner, Kentucky Nonprofit Network (KNN) in Lexington. KNN provides quality education, sharing of best practices and resources, technical assistance, time and money-saving member benefits and a unified public policy voice to over 600 members statewide.

Prior to founding KNN in 2002, Danielle held leadership positions at the Commonwealth Fund for KET (Kentucky Educational Television), Eastern Kentucky University, Special Olympics Kentucky and Christian Care Communities. She was recognized in 2017 by Women Leading Kentucky with the Martha Layne Collins Leadership Award and was a 2015 finalist for the Excellence in Advocacy Award by the Professional Women in Advocacy Conference, Washington DC.

Danielle’s current community service work includes public policy committee member, National Council of Nonprofits; advisory council member, Murray State University Nonprofit Leadership Studies program; and finance committee member, St. Michael’s Episcopal Church.

She is a native of Bardstown, grew up in Pineville and now resides in Lexington with her husband and two children.

Visit the Kentucky Nonprofit Network online at www.kynonprofits.org.

2018 Unemployment Cost Facts for Illinois

IL 2018 fact sheet

What do state unemployment tax (SUTA) costs, claims costs and wage base amounts mean to your organization?

These factors could mean less money for your cause.

$398 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 33% since 2009

Unemployment Claim Stats

$15, 938 Total Maximum Benefits

A claimant can collect up to a maximum of $15, 938 on a single claim

$218 Million Unemployment Claim Overpayments

Illinois’ fiscal year 2017 unemployment claim overpayment rate was 12.088%, equaling over $218 million.

$596 Recommended Average SUTA Cost per Employee savings snip

According to the U.S. Department of Labor, Illinois Department of Employment Security (IDES) is financing unemployment at 32% less than their minimum adequate financing rate. In order to meet adequate financing, IDES will have to increase average SUTA costs per employee from $398 to $596.

During  the recent Great Recession, average SUTA costs per employee peaked at $693.

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 (312) 239-8385 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!

 

 

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