The Cost of Unemployment

As reported by Sara Murray in her blog for the Wall Street Journal, our nation has totaled “nearly $19 billion in state unemployment benefits paid in error during the three years that ended in June [2011].” Is this staggering figure worrisome to you as a business owner? The article also states that the majority of the benefits paid in error were due to “recipients claiming benefits even though they have returned to work.”

If you struggle with unemployment claims, ERA can help you a great deal. As a co-employer with several business owners, we fight claims diligently to keep our unemployment rate down. As a small business owner, you don’t have the time or the resources to investigate claims and make sure your previous employee is actively looking for other work, or is perhaps already working (and receiving compensation) for another employer.  We do. We have a fully staffed human resources department who follows up on each claim to make sure you don’t have to pay fraudulent claims. Now, more than ever, as unemployment continues to be extended, it is important that you are able to manage the claims being filed against you.

Reducing the risks and costs of unemployment claims is just one of the areas ERA can help you not only save money, but more importantly, refocus attention on core business projects and opportunities.

Contact us today to learn more.