As Unemployment Continues to Rise, Employers Seek Effective Unemployment Claims Management

Employers forced to cut jobs in a sinking economy now face an oncoming tidal wave of unemployment claims, and they had better be prepared when this wave crashes or face the prospect of drowning in unemployment claims paperwork.

In the week ending March 7, the number of people filing new unemployment claims rose to 654,000, the Labor Department reported, while those people continuing to receive unemployment claims benefits rose to a new record high of 5.3 million in the week ending February 28.

The four-week moving average for initial unemployment claims – which is a measure that smoothes out fluctuations in weekly data – increased to 650,000 people, the highest level since October 1982. The four-week moving average for continuing unemployment claims increased to 5.14 million people, also a new record high.

With unemployment claims hitting record levels – and some economists predicting the unemployment rate could reach 10 percent by the end of this year – employers need to be certain that their current unemployment claims process is ready for the increased demands the rise in unemployment will surely bring.

A reliable “Unemployment Claims Management Service” is the answer. With effective unemployment claims management, employers can uncover hidden sources of additional savings through a more streamlined unemployment claims processes, reduced unemployment insurance (UI) tax rates, and a “pay-as-you-go” system that ensures companies only pay for the specific services they use. As a result, employers will see their bottom line benefit with unemployment claims management due to comprehensive UI administration, UI hearing representation, and UI tax audits.

But not all unemployment claims management services are alike. What is needed most is unemployment claims management that offers employers a full suite of services under one roof, including some at little or no additional cost. Because increased unemployment claims may impose unusual strains on a company, an unemployment claims management service that delivers a comprehensive program will help relieve organizations from the stress of UI claims while reducing risks and costs.

Unlike other unemployment claims management services, the Pre-employ.com Family of Companies reduces claim-related costs at the initial claim level rather than at the hearing level, thus eliminating commonly assessed erroneous charges and immediately reducing unemployment claims costs. Pre-employ.com’s dedicated account team works to optimize the unemployment claims management service. If a hearing is necessary, the most experienced hearing representatives in the industry are assigned to the case and backed by in-house legal counsel.

But Pre-employ.com’s services don't stop there. In addition to the Unemployment Claims Management Service, Pre-employ.com’s client-facing web application allows employers to access accounts from anywhere in the world, enabling them to generate customized reports and claim information 24/7.  Also, employers will receive Pre-employ.com’s Unemployment Tax Service to assist tax and payroll departments in reducing employer tax liability.

For more information on implementing Pre-employ.com’s time- and cost-saving Unemployment Claims Management Service, please view a FREE on-demand webinar "5 Secrets To Gaining The Advantage In Unemployment Insurance Claims" at http://www.pre-employ.com/webinars/Compliance-Webinars.aspx or visit http://www.pre-employ.com/Unemployment-Insurance-Claims-Management.aspx. To learn more about Pre-employ.com’s fully-integrated suite of human resource solutions, please visit http://www.pre-employ.com, email info@pre-employ.com, or call 1-800-300-1821 to speak with a service representative.

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