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Oasis Outsourcing, the nation's largest privately held professional Employer Organization (PEO), provides clients with Human Resource Services, Payroll Administration, Employee Benefits Administration and Risk Management Services. Oasis is a nationwide PEO with clients in all 50 states and many different industries. Oasis tailors its HR solutions to address specific challenges within a number of industries. To learn more, please click below.
Lately, major additions and changes are being made to state laws and regulations faster than a “New York minute.” That can be said for many of the new laws and regulations that roll out almost on a weekly basis.
Sometimes the process of hiring and firing can feel like a revolving door. Not only is this often an arduous process, but having high turnover can also affect your unemployment tax rate if not managed properly.
Employers can expect tax rates to rise in direct proportion to unemployment claims of terminated employees. In other words, if your business has a high amount of employee turnover, typically you can expect to pay a higher unemployment tax rate. Unemployment tax rates will also fluctuate based on company payroll and unemployment benefits charged against your account.
Social media has successfully integrated all aspects of our lives; what started out as a tool to stay in touch with friends is now an integral part of business strategies (By the way, did you know Oasis has a Facebook page?)