Access the
Rhode Island Department of Business Regulation
here.
The Rhode Island Department of Business Regulation is the state agency responsible for overseeing and regulating various industries and professions in Rhode Island. They work to ensure compliance with state laws and regulations to protect consumers and promote a fair and competitive business environment.
If you’re a stakeholder in HR, finance, or even the founder of a small to mid-sized company, you already know state compliance can get tricky, especially when it comes to fluctuating tax rates.
With that in mind, let’s discuss state unemployment insurance, commonly abbreviated SUI.
What Is SUI? State unemployment insurance, or SUI, is an employer-funded tax designed to provide short-term financial support to employees who have been laid off or terminated without misconduct. If you’re operating a U.S.-based business — especially one that spans multiple states — you’ll find that SUI tax rates are diverse.
An HR compliance audit might not sound exciting, but it’s one of the most valuable tools you have for protecting your business. Compliance requirements vary wildly across states and localities. What’s legal in Texas might get you fined in California. Regular HR audits help you catch problems before they become expensive ones.
How expensive? In fiscal year 2024, the EEOC recovered nearly $700 million for over 21,000 victims of workplace discrimination—the highest amount in its recent history. Those payouts came from employers who missed something. An audit helps make sure that “something” isn’t hiding in your HR processes.
SAN FRANCISCO, CA – September 27, 2023 – Mosey, the leading state compliance platform, today announced partnerships with industry leaders Gusto, Stripe, and Sequoia Consulting Group. Each company has seen a dramatic increase in the demand for tools to help businesses get compliant and operate throughout the US. By partnering with Mosey, they will better meet the needs of the businesses that rely on them.
Gabrielle Sinacola |Sep 27, 2023
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