Find Out the Wage Base for All States by Visiting the Vision Payroll Unemployment Taxable Wage Base Page
Contact Vision Payroll if you have any questions on the Washington unemployment taxable wage base or visit our Unemployment Taxable Wage Base page.
Find Out the Wage Base for All States by Visiting the Vision Payroll Unemployment Taxable Wage Base Page
Contact Vision Payroll if you have any questions on the Washington unemployment taxable wage base or visit our Unemployment Taxable Wage Base page.
Washington Governor Christine Gregoire recently signed Engrossed House Bill 1091 and Senate Bill 5135 into law. As a result, most employers will have their rates reduced from the already announced 2011 employer tax rates.
Washington Employment Security Department Releases Fact Sheet
According to a fact sheet released by the Washington Employment Security Department (ESD):
Tax rates for 2011 will be reduced for 90 percent of Washington employers. In fact, about half of them will pay lower rates than in 2010. The reduction will save employers $300 million in 2011, with a total savings of about $360 million from 2011 through 2017.
Going into 2011, unemployment tax rates were projected to increase by an average of 36 percent due to widespread layoffs during the recession. Even employers with few or no layoffs faced high increases because the shared (social) costs of the insurance system had increased substantially. Meanwhile, Washington’s unemployment trust fund has remained among the healthiest in the country. This provided a unique opportunity to provide tax relief to employers without jeopardizing the benefits fund.
The new law caps the social-cost component of the unemployment tax and lowers the multipliers that set the social-cost tax rate for rate classes 1-20 (rate classes 21-40 were unchanged). [ESD] will send revised tax-rate notices to affected businesses in March.
Vision Payroll Will Use Revised Rates in First Quarter Returns
Once issued by the ESD, Vision Payroll will adjust the rates for its clients in Washington to reflect the revised rates.
The Washington Employment Security Department has announced an increase in the taxable wage base for 2011. The wage base will increase from $36,800 for 2010 to $37,300 for 2011. Contact Vision Payroll if you have any questions on the Washington unemployment taxable wage base or visit our Unemployment Taxable Wage Base page.
The Washington Employment Security Department has announced an increase in the taxable wage base for 2010. The wage base will increase from $35,700 for 2009 to $36,800 for 2010. Contact Vision Payroll if you have any questions on the Washington unemployment taxable wage base or visit our Unemployment Taxable Wage Base page.
In late June, the Washington State Supreme Court ruled that the eligibility criteria listed in the state law were not exclusive. Therefore, if applicants for unemployment benefits had other good reasons to quit their jobs, it was within the discretion of the Employment Security Department (ESD) to approve such applicants for benefits. In response the ESD has issued an emergency rule, under which applicants who quit due to work-related conditions might still be eligible for unemployment benefits. This “allows Employment Security to begin reviewing all voluntary-quit decisions that are not yet final. These include decisions still in process at Employment Security or under appeal at the Office of Administrative Hearing or at the Commissioner’s Review Office.” Contact Vision Payroll if you have any questions on this emergency ruling by the Washington ESD.
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