Workforce Training Fund Contribution
The flat rate Workforce Training Fund Contribution is 0.06% of the taxable wages.
This payment, which is in addition to the Unemployment Insurance contribution payment, is deposited in the Workforce Training Fund which is used to award grants to companies to provide workforce training and education programs for incumbent workers.
Workforce Training Fund contribution payments are not added to an employer's account balance for experience rating purposes, nor can they be deferred. Below is an example of the cost per employee for both contributions.
Cost per employee
Sample calculation and cost for an employer
Based on one employee earning $14,000 or more annually
Workforce Training Contribution
* One of 40 possible rates from table E
Annual experience rate notices will be mailed to employers. The notices will contain both the Unemployment Insurance and Workforce Training Fund contribution rates.
Eligible Massachusetts employers can choose to pay voluntary contributions.
This program allows the state's businesses to manage their unemployment insurance costs by paying additional contributions in order to lower their rate and reduce their UI contributions for the forthcoming calendar year.