Strategies for keeping the lid on unemployment taxes

Description

Abstract: State-imposed unemployment taxes have skyrocketed since the onset of the recession. While there may be little that dealers can do to reverse this nationwide trend, they can be more thoughtful in the hiring decisions they make, so as to avoid future unemployment claims against them. This article shows how a dealership might be able to influence its unemployment tax payments if certain situations apply and if they take certain actions. A sidebar discusses the value of conducting prehiring assessments.