Overview: There are many different types of insurance that a workplace could get to avoid liability and loss when the unexpected occurs. Whether the insurance covers natural disasters, company cars, employer discrimination or anything else that could affect the workplace, it is always best to be prepared.
What insurance is right for an employer depends on the size, location and industry of the employer. Performing a risk analysis can help decide what insurance bests fits the individualized work environment.
Author: Ashley Shaw, JD, Legal Editor
Most employers pay state unemployment insurance contributions based on the wages they pay to their employees, up to an annual state taxable wage base. Five states also have disability insurance systems with employer and/or employee contributions tied to a taxable wage base. This chart provides employers with each state's current unemployment and disability insurance (if applicable) taxable wage base.
The Quick Reference chart of Unemployment and Disability Insurance Taxable Wage Bases by State has been updated for 2016.
Missouri has amended the maximum duration during which an individual may collect unemployment insurance benefits per year.
In-depth review of the spectrum of South Dakota employment law requirements HR must follow with respect to unemployment insurance tax (FUTA/SUTA).
In-depth review of the spectrum of Missouri employment law requirements HR must follow with respect to legally required benefits.
California's threshold for electronic filing of unemployment insurance (UI) and withholding reports and payment of UI contributions and taxes will decrease starting January 1, 2017. Penalty and waiver provisions will also change.
California has amended temporary disability insurance (TDI) provisions on disability benefit periods and waiting periods.
HR guidance on obtaining proper insurance for the workplace.