Nearly No Touch Wage Audit Solution

We get it. In theory wage audit requests are a simple procedure to verify wages and unemployment benefits. As many employers know, this seemingly simple procedure can bring some big challenges: Incorrect format: State agencies require data to be submitted in a specific format, which typically doesn’t match employers’ payroll format. Employee time and resources: [Read More…]

Ready to Rock at APA Congress

In two weeks, thousands of Payroll professionals will travel to Orlando for the 35th annual APA Congress to network, share best practices, and attend sessions delivered by industry experts. If you’re attending APA Congress, be sure to stop by the Equifax booth at #415 to learn about solutions to help Payroll, Tax, and HR professionals, including the nearly [Read More…]

Wage Audit: Nearly No-touch Solution Available

Wage Audit requests can create a significant administrative strain on employers, and the burden seems to be growing. Over the past few years, wage audit frequency has steadily increased, and the process has become more complex. Response guidelines vary by state, employees must often spend hours reformatting data, and states are becoming more diligent about [Read More…]

Wage Audit: Payroll Transcription Required as State Agencies Enforce Response Formats

State agencies have a vested interest in deploying  wage audits, which attempt to identify claimants who simultaneously collect both paycheck and unemployment benefits. According to the United States Department of Labor, nearly $11 of every $100 in unemployment benefits is improperly paid annually; which translates to nearly $3 billion of improperly paid unemployment benefits every [Read More…]

Webinar: the wage audit challenge

I recently co-presented at a webinar with the Kansas Department of Labor and Wal-Mart, where we discussed the challenge of wage audit compliance and recent work to help improve the process for everyone involved. One thing that jumped out at me during the webinar was how much our attendees felt the pain adminstratively. Responding to a [Read More…]

Wage Audits on the Rise; New Digital Solution Can Help

As many employers have noticed, the frequency of wage audits has been on the rise. On average,  12-15% of our clients’ unemployment claims are audited. According to the United States Department of Labor, nearly $11 out of every $100 in unemployment benefits are improperly paid; therefore, nearly $3 billion in unemployment benefits are improperly paid [Read More…]

Unemployment Update: Volume Down, Enforcement Up

Even when unemployment claim volume is low, there is still work to be done. Currently, the Department of Labor is reporting claim volume is hovering near all-time lows. In fact, for the past 18 months, their reports show average initial claim volume has averaged 260,000 claims/week. No doubt about it, that’s pretty manageable volume. But [Read More…]