Reporting Unemployment Insurance Fraud

Reporting Unemployment Insurance Fraud

Both claimants and employers can commit unemployment insurance fraud to the detriment of their specific State’s unemployment insurance program. Claimant fraud can occur in several different ways including submitting false information and not reporting wages among other things. Employers can commit UI fraud by taking specific actions to reduce their UI tax liability. Additionally, individuals

CARES Act UIPL (Unemployment Insurance Program Letter)

CARES Act UIPL (Unemployment Insurance Program Letter)

On April 2nd 2020 the U.S. Department of Labor published the Unemployment Insurance Program Letter  14-20, outlining the CARES act. Information regarding the Federal Pandemic Unemployment Compensation (FPUC) program and Pandemic Unemployment Assistance (PUA) is included in the letter. This may be a useful resource for employers to have all the relevant CARES act information

March 26th Statement by Secretary of Labor

March 26th Statement by Secretary of Labor

Secretary of Labor Eugene Scala has published this statement on unemployment insurance claims: “This large increase in unemployment claims was not unexpected, and results from the recognition by Americans across the country that we have had to temporarily halt certain activities in order to defeat the coronavirus. The hard impact of this on American workers

Cutting Pay vs. Reduction in Labor

Cutting Pay vs. Reduction in Labor

The National Bureau of Economic Research published an article titled “Analyzing the Aftermath of a Compensation Reduction” exploring reasons why employers are more likely to lay off workers than reduce their compensation.  This inclination to lay off workers instead of reducing compensation is referred to as “pay rigidity”.  The authors of the article establish two

New Overtime Pay Rules Implemented for 2020

New Overtime Pay Rules Implemented for 2020

A new rule was implemented by the U.S. Department of Labor regarding overtime pay on January 1, 2020.  After the rule change, 1.3 million more American workers are eligible for overtime pay.  The earnings threshold that exempt certain employees from the Fair Labor Standards Act’s has been raised to $684 per week or $35,568 per

Employers Edge is Celebrating its 14th Anniversary

Employers Edge is Celebrating its 14th Anniversary

Over the past 14 years, we have experienced changes in technology and legislation, but our customer service focused approach has remained the same.  We are thankful for our team of industry veterans and the wonderful customer base as it has grown over the years.  As an unemployment claims management industry leader, we are forward thinking

Pennsylvania’s Unemployment Compensation Tax Rate Reduced to Lowest Level in 40 Years

Pennsylvania’s Unemployment Compensation Tax Rate Reduced to Lowest Level in 40 Years

Pennsylvania Governor Tom Wolf announced that there will be a reduction in unemployment tax rates saving businesses an estimated $552 million this year.  Effective January 1st, 2020, the 1.1% unemployment tax rate factor has been eliminated, resulting in the lowest unemployment compensation tax rate since 1979. In 2012, Pennsylvania’s federal loans for unemployment insurance were

2020 Wage Base Updates

2020 Wage Base Updates

Currently, 27 states and jurisdictions have updated their taxable wage base for 2020. 15 jurisdictions have changed their minimum unemployment tax rate, and 15 changed their maximum unemployment tax rate. The taxable wage base represents how much of an employee’s yearly earned income is taxable at the employer’s unemployment tax rate. For instance, if an