This may prove to be challenging for the following reasons:
- UIF benefits are paid directly into the employee’s bank account.
- It is difficult to estimate what the UIF will pay as it is dependent on the available credits, and employers are not privy to this information.
- It is difficult to anticipate when payments will be received.
An employer can consider advancing the estimated UIF benefit but will have to enter into an acknowledgement of debt with the employee whereby the employee agrees to repay the employer the UIF benefit once paid into their bank account. Read more…