Eliminate large, up-front deposits. Spread out your premium with accurate, convenient payments that coincide with your payroll cycle.
Your workers’ compensation premiums most likely tie up vital cash resources because you are required to pay in advance based on estimated payrolls. Workers' Comp Connect improves your cash flow by eliminating, or reducing, those large, up-front deposits. Your premiums are calculated as they are earned, then automatically debited by your insurance carrier.
Also, you are required to continuously send payroll reports to your insurance carrier. However, Workers’ Comp Connect saves you precious time by automating this process.
It is a convenient, simple and accurate service designed to reduce your administrative expenses and help you maintain accurate workers’ compensation calculations. By seamlessly integrating with payroll, you remove the guesswork of calculating workers’ compensation costs because your premiums are based on actual payroll and employees are placed in the correct class code.
Here’s how this workers compensation solution works: