Base Your Workers’ Compensation Costs on Actual Wages, Not Estimates
Paychex® can deliver a pay-as-you-go workers’ compensation payment service to help you better manage your cash flow and minimize the threat of large year-end policy audit payments.
When workers’ compensation administrative services are integrated with Paychex Payroll, per-pay-period billings are based on actual payroll amounts, not estimates. That also means an end to up-front deposits.
What Do You Get with Our Payment Service?
- Monthly workers' compensation premium report
- ACH premium collection coordinated with your payroll
- Dedicated account management
- Minimized exposure of additional year-end audit premiums
- No more checks to write or payment schedules to track
- Automated payments and reports or the option to manage the payments yourself using premium reports provided by Paychex
Paychex is a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. With 45 years of experience helping clients save money while taking care of their administrative responsibilities, Paychex can do the same for you.
To enroll in this service, you must be a Paychex Payroll client. The many benefits of Paychex Payroll service include:
- Choice in how you process payroll – over the phone, email, or online
- Employee pay options such as direct deposit, pre-signed checks, even a paycard program
- Accurate calculation, filing, and payment of federal, state, and local taxes
- Free mobile apps for you and your employees
- A 24/7 support team available to help after business hours