More than 38 million Americans have become unemployed…and
the number is still rising. This represents a catastrophic employment
disruption and is a significant loss of employment talent. In response, more
than 1 in 5 American workers have filed for unemployment insurance
benefits…with many more are likely to do so.
For employers, this represents significant potential
liability. While 2020 state UI tax rates have already been set and are lower
than they have been in a number of years, the depression level unemployment
caused by the coronavirus, will cause unemployment tax rates and liabilities to
increase drastically in 2021 and 2022.
In this environment, employers should take the necessary
steps to identify and manage future UI tax liabilities.Understanding the key
elements of your unemployment insurance experience can provide your
organization with important information about its financial and human resource
management decision making process
Why Should You Attend
Unfortunately, UI tax liabilities are only the most obvious
risk created by employee separations and unemployment insurance claims.
Unemployment insurance claims often expose organizations to other
potential liabilities: from wage and hour violations for misclassifying
independent contractors to providing plaintiffs with discovery opportunities in
other employment litigation settings.
Thus, effective management of your organization’s unemployment
insurance experience can provide you with the opportunity to improve your
talent management results, improve your hiring and onboarding processes,
enhance your performance management and discipline procedures, and reduce your
exposure to discrimination and wrongful discharge claims. Effective UI
management allows your organization to use UI metrics to assess human capital
risks, measure supervisor and manager performance, more accurately allocate
resources, and have a positive impact on the bottom line.
This webinar provides an update on federal and state UI
issues, discusses the impact of the coronavirus, discusses 2020 and future
state tax liabilities, assesses the risks and costs associated with UI taxes
and benefits, and discusses effective UI tax management and cost control
techniques.
Areas Covered in the Session
» Federal unemployment insurance issues
» The CARES Act and its implications
» State unemployment insurance issues
» Key tax issues to be managed
» Key UI benefit issues to be addressed
» How UI issues affect your organization’s financial, managerial,
and legal management
Who Will Benefit
» Human resources managers
» Internal and external auditors
» CEO and CFOs
» Risk managers
» Compliance managers
» VPs, GMs, Directors, Division Heads, Senior Managers, and
Coordinators
To Register (or) for more
details please click on this below link:
https://bit.ly/2UlGSiK
Email:
support@abideedict.com
Toll Free No:1-844-511-8858
Tel: +1-913-871-1466