New Hire Reporting
Are you in compliance with your new hire reporting? It is required by federal law that employers report specific information on new employees and rehires. This information includes the employee’s name, address, Social Security number, date of hire or rehire, as well as some employer information. The information required may vary depending on the state.
New hire reporting helps to reduce fraudulent unemployment and workers’ compensation claims and helps the state to collect important information easier. The employee is required under federal law to report new hires within 20 days but the state in which the employee is hired is also given the option to require it sooner. If the employer fails to report a new hire, a fine of up to $25 may be imposed per employee. For more information on new hire reporting, click here.