We work with small to midsize business owners, assisting them with their Workers Comp billing, payroll & HR services.
We work with small to midsize business owners, assisting them with their Workers Comp billing, payroll & HR services.
What we hear from other brokers
- Although business is going well they are consistently competing w/ ADP, Paychex & PEO’s. What they share with us is, ADP, Paychex & PEO’s aggressively try to take their clients and they don’t know how to compete, specifically on the Workers Comp “pay as you go” side.
- They also share with us that some of their clients are overwhelmed because they have a difficult time forecasting payroll for workers comp, audits & renewals.
- Some brokers have said, they’ve heard of Pay-as-You Go Workers Comp but thought it was limited to only a few carriers. They were shocked to learn about the option to provide paygo billing for all carriers, even N.Y.S.I.F
Ready to learn more?
Pay As You Go Workers Comp Comparison
| Traditional Workers' Comp | Pay-As-You-Go Workers' Comp | |
|---|---|---|
| Deposit/ Down Payment | 25% Minimum | No Deposit/No Down Payment |
| Premium | Estimated, Based on projected payroll (usually underestimated) | Calculated, based on actual payroll at each pay period |
| Reports | Monthly and quarterly audit reports to complete | No monthly or quarterly audit reports required |
| Audit | Year end on site or phone audit, documentation required, additional premium due or refund | Handled internally, minimal adjustments and no additional paperwork (unless state mandated.) |