By Payroll and Entitlements Editorial Staff
For 2021, all positive reserve ratio balance employers, except new employers, will receive rate increases. Rates for positive reserve ratio employers will range from 0.08% to 9.92%. An employer with a reserve ratio of zero pays at a rate of 10.30%. Negative ratio employers will pay rates ranging from 10.87% to 20.60%. New employers will continue to pay 2.0% (DES Communication, 1/6/2021).
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