Unemployment Wage Audit Solution
Reduce your burden of response and meet wage audit obligations.
Your Best Solution for Wage Audit Responses
Wage audits are a critical tool for states looking to reduce improper unemployment benefit payments. Our digital solution can help you to easily complete wage audit requests using minimal resources.
Unemployment Wage Audit Challenges
Inconsistent Formatting
Payroll is often Monday to Sunday, but wage audit responses often must be formatted Sunday to Saturday.
Untimely Responses
If wage audits aren’t completed in a timely and compliant manner, tax and financial penalties may ensue.
Extra Work
Each request can take up time and resources that could be better allocated to more productive work.
Improper Payments
The potential impact to employers for a single improper unemployment claim is between $3,061-$13,416.*
How the Equifax Wage Audit Solution Can Help
Follows Required State Formatting
Convert responses into the requested weekly format requested by the state agency.
Reduces the Burden of Response
Improve your process efficiency and free up resources with an online workflow.
Matches Audits With the Right Employee
Match claimant data to the audit request, even with truncated Social Security Numbers.
24/7 Online Reporting
Improve your oversight and gain insights into program performance with reporting functionality.
Resources
Learn more about meeting Wage Audit Obligations.
Insights
WHAT EMPLOYERS NEED TO KNOW ABOUT UNEMPLOYMENT BENEFIT AUDITS
Is your company truly able to uncover and recover overpayments of unemployment benefits? Are you able to track what is valid and invalid in a spreadsheet? And how do you really know when a charge is in...
WANT TO KNOW MORE ABOUT OUR WAGE AUDIT SOLUTION?
Connect with us and we’ll show you how we can help your
organization meet its wage audit obligations.
organization meet its wage audit obligations.
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*2016 average DOL cost = avg. weekly benefit payment x average length of claim x replacement cost multiple (exact cost is dependent on state-specific parameters).