What do state unemployment tax (SUTA) costs and claim costs mean to your organization?
These factors could mean less money for your cause.
$358 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 54% since 2008
Unemployment Claim Stats
$13,260 Total Maximum Benefits
A claimant can collect up to a maximum of $13,260 on a single claim.
$8.2 Million Unemployment Claim Overpayments
Montana’s fiscal year 2017 unemployment claim overpayment rate was 7.51%, equaling over $8.2 million.
$32,000 2018 Taxable Wage Base
The unemployment wage base in Montana increased by $600 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 Megan Cronin at (503) 858-5622 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!