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Pay-As-You-Go Workers' Compensation Insurance Program.
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Due to the fact that Workers' Compensation is a mandatory government
regulated insurance, it can become very costly if not managed consistently and effectively.
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The traditional Workers' Compensation policies required the employer
to pay their annual premium in advance and/or required to pay a 25% deposit. The premium was figured as a guessing game based
from the prior year's annual payroll. Is this figure understated or overstated? You as the employer play that game. Resulting
in over payments to the insurance company or end up owing for not having calculated correctly at the beginning of the year.
PSMG returns the control of your cash flow back to your business.
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With the Pay-As-You-Go program, premiums are calculated and deducted
with each payroll and paid at that time. Eliminating the guessing game with either over or under payments at the end of the
year. You now have an alternative to the traditional Workers' Compensation Insurance. With PSMG you rid yourself of the large
up-front deposits, end of the year enexpected balance payments and of course the dreaded audits.
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PSMG offer's a Workers' Compensation report giving you easy data
entry reporting. PSMG will track and report Workers' Compensation related information.
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Program Features:
~ Minimal deposit requirement.
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Premiums calculated and deducted like payroll taxes.
~ Any audits performed at PSMG's office.
~ Workers' Compensation
reports filed.
~ Experienced claim management.
Contact us now for Workers' Compensation and Payroll quotes.
info@thinkpayroll.com or 800-229-1882
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