Bill Would Provide New Jersey Employee Leasing Companies With Choice For Unemployment Insurance Taxes

On December 5, 2013, the Senate introduced a bill (S3087) that would permit employee leasing companies to have their unemployment insurance taxes determined on the basis of their client company’s experience rating. Under current law, employee leasing companies may only use their own experience rating. The legislation would prohibit employee leasing companies who choose their client’s experience rating from later switching to their own experience rating.

Note: This article was published in the January 2014 issue of the New Jersey eAuthority.