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Workers’ Comp Pay-As-You-Go

November 15, 2021

When it comes to Workers’ Comp, the standard way of doing things just doesn’t cut it for dynamic businesses. Traditional workers’ compensation insurance premiums are based on a projection of the annual payroll. This means that in many cases, businesses can potentially run into circumstances of underpayment or overpayment.

Brand’s has another way of doing things. A better one.

We offer our clients Pay-As-You-Go Workers’ Comp. By automatically transmitting all the necessary payroll information along with worker compensation wages to the insurance carrier, Pay-As-You-Go eliminates the need for large deposits and frequent lump sum adjustments. With that information, the insurance carrier then emails you the due amount which is then deducted from your bank account.

Among the benefits of switching to our Pay-As-You-Go system are: maximizing your cash flow, minimized needs for end-of-year audits, knowing your exact costs for each individual pay period, less paperwork, and more!

The real kicker? It’s all handled by us, so you can focus on other important aspects of your business while we take all this off your plate!

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