Understanding Maryland’s Proposed Unemployment Insurance Changes
In this Gorfine, Schiller & Gardyn podcast interview, Laura Shuman, Director of Small Business at GSG, provides an overview of Maryland’s proposed unemployment insurance legislation and what it could mean for small and mid-sized businesses.• A high-level overview of the proposed legislation and the issues lawmakers are trying to address. (:30)• The most important components of the proposal, including changes to the taxable wage base. (1:18)• What indexing the wage base to average wages means in practical terms for businesses. (2:05)• Updates to unemployment benefits and how they align with the goals of the legislation. (2:45)• Potential impacts on payroll costs and operations for small and mid-sized businesses. (3:20)• How GSG supports businesses with payroll compliance, advisory guidance, and navigating regulatory changes. (4:05)
