Idea to send: |
Topic | Cost savings for OESC deposits |
Content | OK Employment Security Commission should do as the Federal government does: an employer tallies quarterly unemployment payments due, and pays when total is over $100, or at end of year, whichever comes first. OESC wants quarterly payments no matter how small (the last check I sent was for twenty-four cents). I don't know how much it costs OESC to process a check, but I imagine it is more than whatever interest the twenty-four cents earned. For each small business whose unemployment payments are less than $100 per year, OESC could cut by 75% their check processing costs. |
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