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2018 Unemployment Cost Facts for Washington

2018 WA

 

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.

$482 Average SUTA Cost per Employee 

Employers in Washington paid an average of $482 per employee in SUTA (State Unemployment Taxes) in 2017.

savings snipUnemployment Claim Stats

$17,706 Total Maximum Benefits

A claimant can collect up to a maximum of $17,706 on a single claim.

$80 Million Unemployment Claim Overpayments

Washington’s fiscal year 2017 unemployment claim overpayment rate was 8.743%, equaling over $80 million.

$47,300 2018 Taxable Wage Base

Washington’s unemployment wage base increased from $45,000 in 2017 to $47, 300 in 2018, therefore increasing the wages on which employers pay SUTA on.

2016: $44,000

2015: $42,100

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 (503) 858-5622 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!

Fast Unemployment Cost Facts For Washington

WA fact sheet

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

These factors could mean less money for your cause.

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 (503) 858-5622 to request a free, no-obligation cost savings evaluation. Evaluations include a 2018 rate projection!

Did you know that Washington’s unemployment wage base increased to $44,000 in 2016?

What do state unemployment taxes (SUTA), state unemployment reserve balances and claim overpayment rates mean to your nonprofit?

These factors could mean less money for your nonprofit organization’s cause.

$686 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 37% since 2009.

$157 Million Unemployment Claim Overpayments

Washington’s April 2014 – March 2015 unemployment claim overpayment rate was 15.623%, equaling over $157 Million.

$44,000 2016 Wage Base

Washington’s unemployment wage base increased from $42,100 in 2015 by $1,900 to $44,000 in 2016; therefore increasing the wages on which employers pay SUTA on.

There are options to financing your nonprofit organization’s unemployment costs.

First Nonprofit Group provides more than 1,800 nonprofit organizations and governmental entities around the country with unemployment insurance at affordable rates. Click here or call 1-(800) 526-4352 to request a free, no-obligation cost savings evaluation. Evaluations include a 2017 rate projection!

Washington’s state unemployment tax (SUTA) Costs have increased 47% since 2009!

What do high unemployment rates, increased taxes and negative State Trust Fund Balances mean to your nonprofit? All these statistics mean less money for your cause.

INCREASED TAX COST: 47%

In 2009, the average unemployment tax cost to the Washington Employment Security Department, per employee, was $500. In order to replenish the diminishing unemployment trust fund caused by the recession, factors used in calculating unemployment rates were increased, therefore increasing the average unemployment tax cost per employee. By 2014 that cost had increased by 47%!

IMPROPER PAYMENT RATE: 7.459%

The Washington Employment Security Department had a 7.459% average improper payment rate from 2011 to 2014. Over $63 million improper payments were made in 2014 alone.

 

 

First Nonprofit Group provides more than 1,700 nonprofits around the country with unemployment insurance at affordable rates. Below is a sample savings analysis of one member since 2005.

To find out how much money your organization can save, contact us for an unemployment cost savings evaluation. Evaluations are free, there is no obligation to join, and an estimate of your 2016 unemployment rate is included!
For a PDF version of this fact sheet, please click here.

 

 

Attn. Washington Nonprofits: Unemployment Insurance Tax Costs Have Increased by 42%!

What do high unemployment rates, increased taxes and negative State Trust Fund Balances mean to your nonprofit? Click here for a copy of our Washington Fact Sheet for Nonprofits and learn more about:

  • The recent increases in cost of unemployment insurance taxes in Washington
  • Possible upcoming cost increases
  • What program members have saved by enrolling in one of First Nonprofit Group’s unemployment programs
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    Did your state’s unemployment wage base change in 2014?

    Several states have announced changes to their unemployment taxable wage bases, effective 2014. A state unemployment taxable wage base is the maximum amount on which an employer must pay unemployment taxes for each employee. For example, an employer in Oregon must pay unemployment taxes on the first $35,000 an employee earns throughout the 2014 calendar year.

    Why is this information important?

    Several states have an upcoming April 30th deadline to submit their 1st quarter 2014 wage report. Unemployment taxes must be paid on the correct wage base to avoid any penalties.

    An increase in the taxable wage base can also mean an increase in unemployment tax cost per employee. For example, if an employer in North Dakota had a 1.0% unemployment rate in 2013, their cost per employee would be $318 ($31,800 x 1.0%). In 2014, that cost would increase to $336, should their tax rate remain at 1.0% ($33,600 x 1.0%).

    Nonprofit employers have options to avoid these increases. To request more information, complete the form to the right.

    ** For employers that pay the highest UI tax rate of 9.79%, the wage base is $22,100.

    What’s the Overpayment Rate in Your State?

    The Benefit Accuracy Measurement program (BAM) released the overpayment rates for all state unemployment agencies earlier this year. The program is designed to determine the accuracy of paid and denied claims. The national overpayment rate sits at 10.67%.

     

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