Overpaid unemployment insurance (UI) benefits total more than $14 billion. Many of the businesses that contribute to that statistic pay more than they need to. Are you doing all you can to manage the cost of your unemployment insurance? When you know the facts, the reasons to pay attention to your unemployment insurance claims are pretty compelling.

1. Unemployment Insurance Is a Controllable Cost

Unemployment Insurance is the only employer tax that you can actually control. Managing those costs could add many thousands of dollars to your company’s bottom line.

2. Unemployment Costs Are Rising Dramatically

Unemployment insurance costs have risen nearly 80%, reaching an all-time high. If you’re aren’t paying close attention to your insurance claims, you may be losing money without even knowing it.

3. The High Cost of an Average Claim

An average unemployment insurance claim costs an employer between $6,000 and $13,000. That’s not an insignificant figure. The good news is that it is a cost that can be managed.

4. Unemployment Claims Represent a Huge Potential Savings

On average, businesses spend 12% more on unemployment claims than they need to. How many other areas of your business have the potential for that degree of savings? Being proactive about monitoring these savings can save your business enormous sums of money annually.

5. The Chance of Winning a Protest

Employers win approximately 50% of the protests that they file. Unemployment Tracker has a history of winning more than 90% of the unemployment insurance (UI) protests we file.

Managing unemployment insurance (UI) claims can be time-consuming, complicated, and expensive. But, it doesn’t have to be. With Unemployment Tracker, not only will you be able to lower the costs of unemployment insurance, you will be working with a company with the expertise to ensure the highest chance of winning a protest.