You know the score with workers’ comp. It’s the law. You’ve got to have it. And when you find an insurer who’ll insure you for it, they want anywhere from 25% to 50% of the estimated annual worker’s comp premium up front. They get you at the back end, too-with a year-end workers’ comp audit of your gross payroll that requires you to make good on any amount you haven’t paid.
How in the world do you get around this double-whammy to your capital? With our pioneering Pay-as-You Go Workers’ Compensation program.
What we do is provide workers’ comp without hassles. Our Pay-as-You-Go Workers’ Compensation program requires no money down and handles yearly audits, claims management, and policy procurement for you.
Clearly, Pay-as-You-Go Workers’ Compensation is a huge help with your cash flow. You pay only what you need to pay every payroll, however much your company grows-or shrinks. It’s workers’ comp that’s smart.
Here’s how our Pay-as-You-Go Workers’ Compensation program works:
- We pair you with an insurer offering your company the best price.
- Every time you run payroll...
- we use our online PayEntry payroll processing service to calculate what percentage of workers’ comp you owe.
- We then link that percentage to the payroll report and send that report to the insurer,
- and you pay exactly what you owe in workers’ comp via our specially created online interface. No money down, nothing up front, no back-end audits: that’s what Pay-as-You-Go Workers’ Compensation is all about.
To learn more about our Pay-as-You Go Workers’ Compensation program, contact us, toll-free, at 877.804.3286.