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Overview:
More than 40 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 a 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.
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 activities
Speaker: Ronald Adler
RONALD ADLER, M.B.A., is the president-CEO of Laurdan Associates, Inc., a human resource management consulting firm. Mr. Adler specializes in HR auditing and consulting and is an internationally recognized thought leader on HR audits. Mr, Adler additionally is a consulting expert on human capital risk assessment and management, benchmarking and HR metrics, strategic HR, unemployment insurance issues. Mr. Adler has more than 45 years of HR consulting experience working with U.S. and international firms, small businesses and non-profits, insurance companies and brokers, and employer organizations.
Tags: 2020 state UI tax, 2020 state unemployment insurance tax rates, CARES Act, catastrophic employment disruption, Contingency Plans, Corona Virus, Coronavirus, Coronavirus outbreak, COVID 19, discharge claims, Federal unemployment insurance issues, How UI issues affect your organization, Implications of the Coronavirus, improve hiring and onboarding processes, insurance benefits, Key UI benefit issues, Managing Key Issues, Managing Key Issues in the Response to Coronavirus, Pandemic, State unemployment insurance issues, talent management results, tax issues, The global pandemic, UI, UI tax liabilities, UI tax management, UI tax rates, UI taxes and benefits, unemployment insurance benefits, unemployment insurance claims, unemployment insurance issues, unemployment insurance management, unemployment insurance metrics, unemployment insurance tax liabilities
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