News in Brief
Home
Complete archive of features and news articles, sample policies and procedures, assessments, and surveys.
Network and exchange ideas with other members in the forums or ask an expert in one of the hosted forums.
Access vendor directories, product case studies and showcases.
Read Best in Shows, view our conference calendar, read commentaries and take our news poll.
The Hot List
Blogs
Topic Channels
Comp, Benefits, Rewards
HR Management
Legal Insight
Recruiting and Staffing
Software and Technology
Training and Development
= Member Only
Workforce HR Jobs
Find A Job
Post A Job



Subscribe Now
Workforce Magazine
Subscriber Help
























= Member Only


News in Brief: Texas Raising Unemployment Taxes
  

Texas Raising Unemployment Taxes
State unemployment taxes are experience-rated based on the number of unemployment claims filed against an employer. The more claims, the more an employer must pay.
Comments 0 | Recommend 0
December 10, 2009
Texas Raising Unemployment Taxes
Texas state unemployment insurance rates will jump in 2010, the Texas Workforce Commission announced Tuesday, December 8. Texas joins a number of other states in increasing rates.

Texas’ increase raises the minimum state unemployment tax to 0.72 percent of the first $9,000 of an employee’s wages in 2010 from 0.26 percent in 2009.

That means the minimum tax rate will go to $64.80 for an employee who makes $9,000 or more in 2010 from $23.40 in 2009.

State unemployment taxes are experience-rated based on the number of unemployment claims filed against an employer. The more claims, the more an employer must pay.

The maximum state unemployment tax in Texas will rise to 8.6 percent of the first $9,000 in wages in 2010 from 6.26 percent in 2009.

For a worker earning more than $9,000, the tax under the maximum rate will go to $774 in 2010 from $563.40 in 2009.

The Texas Workforce Commission said the increase comes because of the amount of unemployment insurance benefits paid.

Approximately 67 percent of Texas employers pay the minimum rate, according to the Texas Workforce Commission. Only 3.3 percent of Texas employers pay the maximum rate.

Filed by Staffing Industry Analysts, a sister company of Workforce Management. To comment, e-mail editors@workforce.com.

Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.

 


News in Brief Archive

Comments

Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. You are fully responsible for the content you post.





Subscribe to Workforce Management

If you enjoy the content on the Workforce Management Web site and want to see more, try 3 issues of our print edition risk-free. If you wish to continue, you will receive one full year for just $79. That's over 59% off the cover price. If you decide Workforce Management is not for you, just write "Cancel" on the invoice, return it and owe nothing. The 3 issues are yours to keep with no further obligation to us. Sign up below.

3 Free Issues

Name:
E-mail:
Company:
Address:
City:  State:
Zip/Postal Code:  Country:
  
Offer valid for new Workforce Management Subscribers only.
Canada subscribers - $129. All other Foreign - $199.



Sponsored Tools
Control your ATS through MS Outlook
PCRecruiter Portal combines ATS, CRM & your email client. Get a demo right now.
Effectively Manage Your Employee Time
Software & hardware allow you to integrate time tracking & payroll. View a 5-min demonstration here.
Life Insurance Without a Health Exam
Get Your FREE Quote from Top Providers Today and save up to 70%!
Still recruiting with Excel & Outlook?
PCRecruiter is the logical next step, and the transition is easy. Try it today!
Life Insurance Without a Health Exam
Get Your FREE Quote from Top Providers Today and save up to 70%!





Similar Documents

Related Topics









Copyright © 1995- Crain Communications Inc.
All Rights Reserved. Terms of Use Privacy Statement