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CCH® UNEMPLOYMENT INSURANCE — 4/22/14

Florida sets its contribution rates for 2014

For 2014, Florida employers pay a minimum rate of 0.59% and a maximum rate of 5.4%, except that employers participating in the short-time compensation program will be subject to a maximum rate of 6.4%. New employers pay 2.7% in 2014. The noncharge ratio is .0036, the excess payment ratio is .0032, the gross benefit ratio is .0187, the multiplier is .754, the fund size ratio is .0073, and the final adjustment ratio is .0141 (DOR Communication).