Welcome to the Oasis® Blog
Oasis, A Paychex® Company, is one of the nation's leading Professional Employer Organizations (PEOs), providing clients with Human Resource Services, Payroll Administration, Employee Benefits Administration and Risk Management Services. Oasis has clients in all 50 states and in many different industries. Oasis tailors its HR solutions to address specific challenges within a number of industries. To learn more, please click below.
Oasis Outsourcing is committed to providing guidance and resources to assist PEO clients in understanding the often confusing and tedious unemployment claim process. If your company is ever faced with unemployment claims, rest assured that our team of experts will be there to help you through the process.
How Unemployment Works
The Social Security Act of 1935 was established for the purpose of providing monetary benefits for a period of time to workers who had lost their jobs through no fault of their own. As we know, unemployment was not intended to be a government-funded entitlement program but to be supported by a combination of federal and state taxes on an employer’s payroll. Each state administers its own unemployment benefits and has state-specific regulations that affects how its unemployment benefits are administered.
For many years, the “book value” of a company has consisted almost entirely of tangible assets. More recently, a paradigm shift has occurred, causing “book value” and “market value” to diverge in course. They are no longer one and the same. “This disassociation of market and book value meant that companies were now able to generate excess earnings, that is, earnings higher than what would be expected for their tangible assets alone. Indeed, research has shown that the earnings on tangible assets are generally no greater than the product of a company’s weighted average cost of capital and the book value of these assets.