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Employer Issues
Reply to "Unemployment insurance advice for families"
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[quote=Anonymous]Please read MD unemployment insurance guide more carefully. You insurance premiums are maximum 7.5 percent of the first $8500 you pay to each employee per year. So if you are hit with the unemployment claim, the maximum you are out is $638 per year per nanny for the next 3-5 years as long as you employ nannies. Yes, you get statements how much they paid her, and these are called "charges to the account", but you don't pay them, just your insurance rate depends on them. However your insurance rate is kept. Please note that it is far less than $400 for 26 weeks that someone implied you might be paying. http://www.dllr.state.md.us/employment/uitrustfundpoints.shtml[/quote]
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