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This question is about employer.
What does SUI stand for in payroll?
In payroll, SUI stands for State Unemployment Insurance. SUI is an employer-funded tax that offers short-term benefits to employees previously laid off or fired in a way that is not related to misconduct.
Like many other aspects of payroll, SUI has tax rates varying from state to state. It is important to know the exact requirements for where you do business to complete the SUI payroll correctly.
Along with state guidelines, SUI rates can also be impacted by other factors, such as how many people are collecting SUI at a given time after leaving your business.
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