Why outsource unemployment claims to UTMCOur team of unemployment tax experts will have your back.

Unemployment tax is a highly specialized niche at the intersection of finance, law, policy, tax, payroll, and HR. As states enact complex laws and regulations, it has become exponentially more difficult to manage unemployment tax costs. It is unrealistic to expect someone to manage a company’s unemployment claims effectively while juggling other responsibilities. The truth is, it is impossible for anyone to manage unemployment tax costs as effectively as a third party whose sole focus is unemployment cost reduction.

A whopping 75% of employers are overpaying for unemployment costs. That reflects the complexity of unemployment tax management as well as the high frequency of overcharges and errors. Considering that every dollar, whether warranted or unwarranted charged against an employer’s state unemployment account must be reimbursed to the state agency dollar for dollar; the cost to an employer improperly handling an unemployment claim can become quite significant. A third-party provider can provide the time, specialized expertise, and diligence required to optimize your unemployment tax costs.

The good news is there is nearly always room for improvement. Employers who switch from in-house to a third-party provider can realize significant improvements to their claims management program, including financial benefits.