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Term |
Definition |
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Employer |
An Employer is any individual, partnership, association, corporation, governmental entity, or other type of organization (including non-profits, religious organizations, and agricultural entities) which has in its employment one or more individuals performing services within its respective state (West Virginia and South Carolina). |
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Employer Portal |
The Employer Portal is a Self-Service region of SUITS that Employers can access to perform various UI transactions. |
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Liability |
Liability is the requirement or the obligation of payment into the Unemployment compensation fund. South Carolina and West Virginia each has its own rules regarding what conditions must be present to incur liability and at what rate. |
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FEIN |
FEIN stands for Federal Employer Identification Number. FEIN is the corporate equivalent to a Social Security number and it is issued to all Employers who have to pay withholding taxes on employees. |
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NAICS |
NAICS (pronounced NAKES) stands for The North American Industry Classification System It is the standard System is used by Federal agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. |
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Contributory |
Contributory is a term used to describe an Employer that contributes to the UI tax fund. Most Employers are Contributory Employers; however, non-profits and governmental Employers have the option to choose to be reimbursing Employers. |
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Reimbursing |
Reimbursing is a term used to describe an Employer that reimburses the UI Tax fund for benefits paid out to a claimant versus contributing taxes routinely. Most Employers are Contributory Employers; however, non-profits and governmental Employers have the option to choose to be reimbursing Employers. |
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Experience Rate |
Experience rate or Tax rate is the rate at which an Employer is taxed for Unemployment Insurance benefits based on wages paid. |