Transcription
An Overview of UC Alternative’sUnemployment Cost Control ProgramAn Unemployment Program Uniquely Designed to OutperformOur program goes beyond expectations. It Outperforms. Our Result outperformsExperience up to 40% or more in reduced unemployment costsApply savings to offset turnover costs, increase profitability or fund core initiatives Our Client Service outperformsReceive comprehensive, end‐to‐end claims administrationReceive impactful reporting on results and progress towards forecasted goalsReceive continuous training & expert advices on unemployment mattersQuick response to client’s requests within 24 hours Our Claims Response outperformsTake ownership of the claim process & treat each claim other than lack of work as winnableExpertly prepare & customize claims response that capitalizes on our knowledge andexperience with unemployment law in each state Our Outcomes Pricing outperformsDerive fees off savings generated from lower unemployment costs and taxesReduce risk and align incentives with the performance bonus fee structure Our Staffing outperformsReceive expert advices in State and Federal unemployment lawsBenefit from highly trained and experienced claim professionalsGain from credentialed CPAs who engage in client projectsAbout UC Alternative, Inc.UC Alternative, Inc. (UCA) is an outsource provider of unemployment cost reduction program.Our program is designed to deliver tangible savings, not simply process claims paperwork.Contact us to lower your unemployment costs and generate savings
The primary objective of UCA’s program is to REDUCE UNEMPLOYMENT COSTS while aligning the interest of both theFinance and Human Resources departments. HR’s primary goal is to defend claims timely, efficiently and within budgetwhile Finance’s primary goal is to minimize the unemployment costs for the company.UCA’s “Outcome” approach meets both goals.OUTCOMES (FINANCE)PROCESS (HR) Outcomes Oriented program focuses on reducingunemployment costs. Specialize in a customized, consultative approach to claims managementwith outcomes‐based philosophy. Benchmarking against peers in the industry by Comparing one’s UI tax rates to its industry averages toprovide an objective evaluation. Setting realistic financial goals based on industrycomparisons.Reducing your unemployment costs by up to 40%. Persistence and tenacity is UCA’s hallmark. Take ownership of the claimmanagement by putting extensive effort into acquiring separationinformation from clients in order to respond timely to unemploymentclaims. Submit thorough and complete claims responses through SIDES withsupporting documentation resulting in winning more claims up‐frontand reducing hearings. Preparing a 5‐year projection of UI tax rates based on currentlaw and improved performance. Prepare witnesses for unemployment hearing and follow up with a CaseSummary summarizing who needs to attend the hearing, whatdocuments to bring and what arguments to present at the hearing. Thisis UCA’s blueprint for winning more unemployment hearings. Incentivized to perform. Portion of fee is put “at risk”demonstrates strength of commitment to unemployment costreduction.Encourage all locations to use UCA’s consultation before discharging anemployee to ensure procedures are followed & maximize chances forwinning. UCA monthly reports are concise, informative and tailored to client’sneeds.(1) An executive summary that raises management’s expectationsfollowed by a detailed report broken down by business units.(2) A claims report that focuses on claims lost as well as actual benefitcharges paid to highlight problem areas & corrective actions.(3) A comparison analysis of benefit charges and tax rates to prior yearto measure program’s success & savings.Reports are delivered to clients monthly via email – “Push approach”. Quick response to client’s requests within 24 hours. UC Alternative’s program is designed to go beyond expectations.It’s designed to outperform.
as23%abovetheaveragetaxrateforitsindustry.A ndustryaverageresulngincumulavetaxsavingsof average.A MUM rateof.06%,resulnginacumulavetaxsavingsof ndustryaverage,resulnginaavetaxsavingsof 4.2million.cumulinfo@www.ucalternative.com www.ucalternative.com
ve.com www.ucalternative.com
Reimbursable EmployersUCA’s Unemployment Cost Control ProgramThe Reimbursable Employers (Not‐for‐Profit/Non‐Profit) are required to reimburse the states dollar for dollarunemployment benefits paid to former employees plus administrative fees. A single unemployment claim canbe paid and billable back to the employer over five consecutive quarters. This “self‐funded” program can beproblematic and volatile. However, it provides reimbursable employers an opportunity to directly controltheir unemployment costs through a well managed and aggressive program.Success Story:A not‐for‐profit hospital with 4,000 employees paid over 600,000 in unemployment costs before startingwith UCA. After 4 years, its costs were reduced to 265,000 (or 56% reduction) resulting in cumulative costsavings of nearly 1 million.Testimonial:“We selected UCA as our vendor in 2013 to assist us in the timely processing of claims, cost containment, andrelief from the administrative burden that was impacting workflow in the department. UCA has: Highly competent staff in the areas of claims, technical support and state specific regulatorycompliance. Provided exceptional service and are always available. They never say something is not within theirscope. Provided training and education to our functional managers in documenting disciplinary actions inpreparation of a potential unemployment claim. Prepped managers and the HR Rep in claims strategies for best outcomes. Reduced annual costs since 2014 by 56% with a cumulative total of nearly 1 million. UCA became our number 1 vendor.” Discover the Difference:UCA establishes an annual economic goal with management to measure successWins 30 to 40% more claims upfront while reducing number of hearingsProvides actionable reports and tools to monitor and compare real resultsPuts a portion of our fee “at risk” to demonstrate the commitment to superior resultsPartnering with a company who is incentivized to reduce your unemployment costs.With UC Alternative’s “Outcomes Oriented” program, the result is real, tangible bottom-linesavings of hundreds of thousands, if not millions of dollars.
with UCA. After 4 years, its costs were reduced to 265,000 (or 56% reduction) resulting in cumulative cost savings of nearly 1 million. Testimonial: "We selected UCA as our vendor in 2013 to assist us in the timely processing of claims, cost containment, and
