Today, workers’ compensation accounts for one the fastest growing labor costs. Learn how you can reduce your costs while capitalizing on professional assistance with billing, administration, documentation, training, audits and reviews.
By Partnering with a PEO, the rate increases for small businesses are not felt as strongly as if you were applying for worker’s compensation on your own. With a large pool of employees on average your pure premium rate is lower and based off of payroll used instead of an estimated yearly payroll. This in turn eliminates mid and end of the year audits and any underpayment and overpayment to the workers’ compensation carrier.