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iso1210
2238 days ago
Why does it matter to the company if you claim unemployment benefits?
2 comments
phonon
2238 days ago
Unemployment taxes for a company scale based on historical claims from that company. More Unemployment Benefits paid out = more future UI taxes paid by that employer. It's meant to be a self-funding system.
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ivalm
2238 days ago
To expand on what phonon said -- UI tax rate is company specific and depends, in part, on how much UI is paid out to company's employees.
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iso1210
2237 days ago
That sounds a nightmare of bureaucracy to calculate!
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ivalm
2237 days ago
I mean, that’s how most insurance premiums work.
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