The Advantages to “Pay as You Go” Worker’s Compensation
When one thinks of Tallahassee payroll services, “pay as you go” workers compensation may not immediately spring to mind. The overriding image of a payroll company is one that collects hours, distributes checks in a timely manner, and perhaps delves into tax issues for clients. In our quest to be a well-rounded organization, we promise that and more. It’s our pleasure to help you acquire a workers compensation plan that adequately protects you, your workers and your pocketbook.
- Workers compensation is directly related to payroll. If one of your employees suffers an injury on the job, they will continue to receive much-needed money even if they cannot work. However, there is more than one way to purchase workers compensation coverage, and “pay as you go” makes sense”.
- States set rates for workers compensation, and that rate stays the same no matter who sells you the policy. The good news for Florida business owners is that rates have decreased dramatically. This makes “Pay as you go” policies more affordable then ever since most policies can usually be started for as little as $200 down.
- Contractors in particular can benefit greatly from “pay as you go” workers compensation plans. Often, a contractor will not know from job to job how many employees they’ll need. Never again will you be caught by surprise owing Additional money with an annual audit. With “Pay as you go” you simply pay premiums based on your exact payroll figures.
- Not all businesses qualify. By calling Payroll Matters, an example of stellar payroll services in Tallahassee, you can discover whether an insurance carrier will consider your organization for incremental payments.
Discover whether a “pay as you go” workers compensation policy is a possibility for your business. Call Payroll Matters toll free at 1-800-962-0155 or email support@payrollmatters.com.