View Single Post
Old 05-03-2019, 02:44 PM   #35
joey2665
Senior Member
 
joey2665's Avatar
 
Join Date: Sep 2008
Location: Meredith Bay & LI, NY
Posts: 3,220
Thanks: 1,205
Thanked 1,007 Times in 648 Posts
Default

TIS is absolutely correct. Although the employer does not directly pay unemployment to the employee the tax is imposed on the employer.

However there is an indirect effect. In many states such as NY the rate is dependent on the industry you are in. If you are in a high turnover industry your rate is higher and if you have a high turnover rate in your company your experience rate is also increase. Additionally in NY the tax is imposed on the first 8500.00 of wages unlike the 7000.00 for federal
joey2665 is offline   Reply With Quote