Stop paying a year in advance. Workers' compensation allows you to pay as you go.
Complete accuracy without large down-payments or large admin fees.
Accurate calculations, smaller payments per payroll, small audit at plan end.
Improved and Simplified Workers' Compensation for the Tri-State Area & Beyond
Here at Precision Payroll Services Inc., we are proud to help you access streamlined, simplified, pay-as-you-go workers' compensation plans. These plans eliminate needless extra time and process by taking workers' compensation payments based on the actual data from each pay period. This way, you don't need to make a large, upfront payment using estimated data, only to need a refund or to make an extra payment, along with periodic audits that take more time, stress, and resources.
Nationwide Pay-As-You-Go Workers' Compensation
Pay-as-you-go workers' comp plans offer a variety of benefits. These benefits include:
1. No Up-Front Downpayment
Pay-as-you-go workers' compensation eliminates the up-front payments that traditional workers' comp used to require.
2. No Large Audits
Audits can be expensive to deal with and can cause unnecessary added stress. Pay-as-you-go workers' comp eliminates the need for large, costly annual audits in favor of a small audit to make sure everyone was reported correctly, which keeps your company moving forward.
3. No More Estimates
With pay-as-you-go workers' comp, you don't have to rely on estimates based on your projected needs. Your insurance is provided with real data and figures from your payroll company. You will only pay what you are required to pay—no more, no less.