\u00a0<\/b><\/p>\n
What\u2019s my New Rate?<\/b><\/span><\/p>\n In July all New Jersey employers received a Notice of Employer Contribution Rates.\u00a0 This is not a bill, but rather a summary of the manner in which the NJ Department of Labor calculates your employer contribution rate for unemployment and disability.\u00a0 This form enables you to determine whether a voluntary contribution would save you money in the subsequent year.\u00a0 A voluntary contribution increases the reserve balance and may reduce your contribution rate.\u00a0 In many circumstances a voluntary contribution represents an excellent opportunity to reduce labor costs.\u00a0<\/b><\/span><\/p>\n The Clock is Ticking<\/b><\/span><\/p>\n The unemployment expense is a substantial component of your labor cost. Staffing agencies should give it careful attention. If you wish to make a voluntary contribution<\/b>to your reserve balance you have 30 days from the notification date to do so.<\/b> In addition, we suggest that you verify the amount of the employer contributions and the benefits charged to your account.\u00a0 Report any discrepancies to the NJ Dept. of Labor.<\/p>\n \u00a0<\/b>Won\u2019t my Payroll Company Take Care of This?<\/b><\/span><\/p>\n Outside payroll services generally don\u2019t test the new rates for cost saving opportunities. We can assist you in determining if a voluntary contribution makes sense for you. We can provide you with an illustration of the benefits you stand to reap from making such a contribution. You will be able to weigh the considerations and act accordingly.\u00a0<\/p>\n <\/p>\n <\/p>\n \u00a0<\/b><\/p>\n","protected":false},"excerpt":{"rendered":" NJ employers can reduce NJ SUI (unemployment rates) by making a voluntary payment. The deadline in August 25, 2015.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,39,20,23],"tags":[156,167,189],"class_list":{"0":"post-2676","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-small-business-forum","7":"category-payroll-taxes","8":"category-staffing-agencies","9":"category-taxes","10":"tag-nj-unemployment-rate","11":"tag-payroll-taxes","12":"tag-staffing-agencies-2","13":"entry"},"_links":{"self":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=2676"}],"version-history":[{"count":0,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2676\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=2676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=2676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=2676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}