Pay-As-You-Go Workers’ Compensation
Reduce Audits and Realize Significant Savings
Pay-as-you-go workers’ compensation removes the large up-front fees and financial strain commonly associated with traditional workers’ compensation programs. Using real-time payroll wages and reporting, instead of estimated or projected annual amounts, results in more accurate premium payments along with the comfort of knowing your mandatory workers’ compensation responsibilities are covered and compliant.
Kelly Benefits Payroll partners with leading carriers to eliminate the high cost and stress of workers’ compensation for your business by integrating your workers’ compensation carrier with our pay-as-you-go solution.
- We charge accurately every pay period, removing the need for large lump sum payments and helping to preserve operating capital and improve cash flow.
- We bill you every pay period and we pay your carrier every pay period, streamlining the workers’ compensation process for your organization.
- We help reduce the number of—and surprises with—audits on your workers’ compensation program through premiums based on actual, instead of estimated, payroll.
How Pay-As-You-Go Workers’ Compensation Benefits Your Business
No large up-front payments, saving you money and ensuring that you only pay what you owe, when you owe it.
Audits, which can be difficult to manage and expensive, are virtually eliminated.
Your payment schedule = Your payroll cycle. If you have weekly payroll, you will have 52 premium payments.
Electronic premium payments mirror payroll fluctuations and business seasonality.