Reply #13: Exactly! Your work has to pay for ALL the expenses your employer incurs, plus a profit for him. [View All]

[Towlie]

Every expense, including all (not just 50%) of your Social Security, retirement plan, Medicare, Workers’ Compensation, unemployment compensation, income tax, coffee in the lunch room, payroll accounting costs, and of course, your salary, is part of your employer's cost of employing you, and every bit of it has to be more than paid for by the work you do else there would be no point in employing you. In short, this is a lie:

4. How can I be overpaid? I paid into this fund for years so it’s my money.

Employees in Florida do not pay into the Unemployment Compensation Fund. There are no deductions made from your wages to finance this program. The program is entirely funded by the taxes paid and reimbursements by the employers in Florida.