Get accurate premium payments – and peace of mind
Purchasing workers compensation is a necessity but traditional plans often come with large down payments and costly up-front cash outlays, tying up cash precious reserves. Our Pay Per Cycle Workers Compensation service is integrated directly into our payroll system. The premium is calculated and impounded each pay cycle.
FEATURES
- Pay premium per cycle based on actual payroll
- Premium payments match seasonality of the business
- Eliminates large underpayments or overpayments
- Eliminates the need for large down payments
- Reduced exposure to year-end audits
Manage your premium costs and improve your cash flow.
BENEFITS
Reporting Features
Generate cost center and labor distribution reports, easily export and migrate information to accounting, and create accurate cross-year reporting.
Increased Productivity and Proper Use of Labor
Let us take on the burden of keeping abreast with complicated payroll tax laws, filing documents and properly calculating employee obligations.
Tax Compliance
Avoid costly mistakes for late or incorrect filings of payroll taxes.
Affordability
The quality of customer service and the nominal fee per employee make for a strong business case to outsource your payroll and tax responsibility to an expert payroll provider.
Integration
It’s fully integrated with HRIS, Time and Attendance and Benefits Management system as well as Learning and Employee Engagement (Mojo) platforms.
Ease of use
Single sign-on, dashboards and wizards guide managers through seamlessly.