Oh what a year that was! 2020 brought to us a year of massive change. We rolled with is and offered free or reduced help when we could. However, we are not able to sustain this in our current economy. We wanted to highlight a few things we’re proud of, and then tackle the possible rate increases.
We filed Partial Unemployment…
On behalf of 17 Companies
Covering 207 employees
For 40 weeks in 2020
over 3000 claimants (employees x weeks)
Spending over 350 internal man hours creating spreadsheets, monitoring payroll for UI, and filing claims
Over 350 man hours….for free
Would we do it again?
absolutely
in a heartbeat
a million times over
Can we keep doing it for free?
Unfortunately, no
We’ll be reaching out in the next few weeks to the remaining clients utilizing us to file their partial unemployment filings. We’ll either help you set up the ability to file on your own, or a nominal fee will be charged moving forward for this service.
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Rate Increases
When we exit the first quarter of 2021, we’ll be reviewing all clients for possible rate increases. There will be a small across the board rate increase, as well as some larger adjustments on a few clients. You will have at least a 30-day notice of the rate increases.
We will first be looking at QBO clients, and increasing their invoices to reflect the QBO subscription fees. Although we get a discount via wholesale, we’ve been slack at getting this fee from the client over the last several years. As we see more and more clients move into QBO we’ve seen a sharp increase in the monthly subscription fees, and we’re now incorporating that into your monthly fees with us. Keep in mind this is a discounted rate from QBO since we host the file.
If you have any questions about this, please reach out to Kristen.