Workers’ Compensation is one of the
foundations to protecting your business assets.
As an employer, you are financially responsible
to pay all medical costs and lost wages for
employees injured as a result of their employment
(including motor vehicle accidents on the
job). Fortunately,
you are generally able to insure this risk
with the purchase of Workers’ Compensation
insurance. In many states, you are
required by law to have coverage.
There is a Workers’ Compensation alternative
available to employers through Professional
Employer Organizations which may provide
significant savings. Working with a
knowledgeable professional will help you
navigate the options available for coverage
and educate you on the benefits your organization
will derive from the choices available. Frequently
the system of calculating premiums can be
overpaid or underpaid; a PEO is a “pay
as you go” system. Therefore
you will never overpay and never be audited. We
will work with you to find the most appropriate
and affordable solution for your business.
There is also a Workers’ Compensation
alternative available to employers through
Professional Employer Organizations (PEO). Working
with a knowledgeable professional will help
you navigate the options available for coverage
and educate you on the benefits your organization
will derive from the choices available. We
will work with you to find the most appropriate
and affordable solution for your business.
In addition to reducing risks and costs other
benefits in the Workers’ Compensation
arena include claims management, stable costs
and improved cash flow.
Stable Costs
The determination of your Workers’ Compensation
modifier and initial down payments each year
can get out of control. The PEO spreads
workers’ compensation risks over a
pool employees. This pool enables them to
better manage and stabilize employee-related
costs.
Improved Cash Flow
PEO’s do not require deposits or down
payments for workers’ compensation.
In addition, you’ll have no year-end
audit, because your workers’ compensation
is based on actual payroll. Just think, no
more end-of-the-year surprises!
To receive a quote and see which option is
best for your organization, please complete
the information needed by clicking the Workers’ Compensation
icon below or contact
us.
If your organization has health insurance
and/or other employee benefits or would like
to receive a quote, please complete the census
icon also. If you are only interested
in working with a PEO please complete the
PEO RFP questionnaire below.
