Workers' compensation is an insurance system regulated by the state that covers employees for any injury, disability or illness at work. It provides benefits such as medical care, compensation for lost wages and permanent disability.
At H&CO Payroll Advisors, we can help you find the most complete worker's compensation insurance to meet your business needs. We take into account your unique business situation to find a plan that complies with the law and provides the best coverage at an optimal price.
Compensation to PAYG workers ("pay-as-you-go": pay as you use the services)
Generally, workers' compensation premiums are calculated from the estimated payroll data and require large down payments. With PAYG work compensation, premiums are calculated based on your actual payroll data, improving your cash flow and reducing your exposure to the audit.
Get in touch with us today to find out if your company is eligible to receive compensation for PAYG workers.