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UC Advantage, Inc. Fills Growing Need for Unemployment Cost Control; Independent company bucks consolidation trend, aids a service-starved market niche.


MISSION VIEJO Mission Vi·e·jo  

A community of southern California southeast of Irvine. It is mainly residential. Population: 96,300.
, Calif. -- In response to recent consolidation within the unemployment cost control industry, UC Advantage, Inc. (UCA) has emerged as the first new vendor to enter the marketplace in more than a decade. As the industry's only national firm in this historically-underperforming industry to focus solely on unemployment cost control, UCA is well-positioned to generate a significant return on investment for employers.

The Problem: As a result of the consistent decline in the overall performance of national service providers in the unemployment cost control industry (resulting from consolidation, expansion, and diluting of service offerings), employers nationwide have incurred millions of dollars in unnecessary unemployment charges.

Facts and Trends: According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Department of Labor's Fiscal Year (FY) 2006 projection:

--More than 8 million new claims for unemployment will be filed in FY 2006.

--The average claimant CLAIMANT. In the courts of admiralty, when the suit is in rem, the cause is entitled in the Dame of the libellant against the thing libelled, as A B v. Ten cases of calico and it preserves that title through the whole progress of the suit.  will collect $4,143.34 over 15.3 weeks.

--The costs associated with these claims will be in excess of $35 billion dollars, and employers will bear 100% of the responsibility for payment.

Under the current method of unemployment cost control:

--Only 3% of all claims filed are denied by the State.

--2/3 of all employer appeals are denied.

--Less than 5% of all board-level employer appeals are overturned.

The Solution: Jason Hynek and Kevin Murphy There are many people named Kevin Murphy:
  • Kevin Murphy (actor), an American actor, author and puppeteer
  • Kevin Murphy (airport operations), Director of Operations, JFK
  • Kevin Murphy (football_player), Former NFL linebacker (1986-93)
, executives with more than 20 years of collective experience in the unemployment industry, founded UC Advantage, Inc. upon identifying the need for an alternative to the large multidivisional public company that currently exists as an employer's only choice for unemployment cost control services.

Recent new clients include Au Bon Pain Au Bon Pain (French: At the Place with the Good Bread) is a fast-casual bakery/cafe chain headquartered in Boston, Massachusetts. Louis Rapuano and Louis Kane founded Au Bon Pain in 1978. Pavailler contributed baking machinery to the venture. , a premier urban bakery-cafe with more than 200 locations operating in major metropolitan markets throughout the U.S.; and American Baptist American Baptist may refer to:
  • American Baptist Association
  • American Baptist Churches USA
  • Baptist who is an American
 Homes of the West, providing affordable housing for more than 4,900 senior citizens in 16 states.

About UC Advantage, Inc.

UC Advantage, Inc., (UCA) is a national unemployment consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 dedicated to helping employers control the administrative and tax-related costs associated with unemployment. UCA's comprehensive and proven unemployment cost control program provides employers with a complete outsourced solution for taxable and non-taxable non-taxable adjnicht steuerpflichtig

non-taxable adj non-taxable income → reddito non imponibile 
 unemployment programs. This expertise saves employers time and resources, enabling them to avoid costly unemployment pitfalls and focus on achieving their core business goals. For more information, call 877-465-1911.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 6, 2005
Words:377
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