A merit rating system for SUTA means A. FUTA will increase. B. state rates will always be lower. C. rate varies with

Question

bija089 [108]

3 years ago

14

A merit rating system for SUTA means A. FUTA will increase. B. state rates will always be lower. C. rate varies with

employment record. D. rates cannot change.

Business

1 answer:

grin007 [14] · Answer 1 · 2021-12-26T19:39:18+03:00

Answer

C. Rate varies with employment record.

Explanation

SUTA is a merit rating system which gives scores to employers according to their employee turnover and stability of jobs offered. This score can be utilized by the government during levying for unemployment taxes on recruiters/job givers. A firm that has low ratings pay lower unemployment taxes.The rate is different in every company due to different employment records where some companies have high employment turnover where others are not stable in their employment chances.