Workers' Compensation
Managing your workers’ compensation expense can be a real challenge. You have to budget expenses, keep track of payroll amounts and NCCI classification and remember to make your deposits and filings on time. Paycor makes it easy by calculating and filing your workers’ compensation premiums for you in most states, including Ohio.
Spread out your payments. Avoid a hefty premium down payment by opting to spread out your workers' compensation expenses over the course of a year. Automatic payments through payroll means you can easily budget for the expense and better manage your cash flow.
Save time with automatic payroll deductions. No more writing separate premium checks to the insurance company through the year. Payments are automatically deducted each payroll period - freeing up your time to run your business.
Avoid audit surprises. You can be confident that your premium amount is being calculated based on your actual payroll, each and every pay period. This minimizes the risk of a negative audit - and an unexpected payout - at the end of the year.
Experienced, full service insurance support. Our workers' compensation solution offers access to an experienced staff of insurance professionals who know how to find you the best coverage for the best price. Our featured partners are among the most well known and respected insurers and carry an A.M. Best rating of “a” or higher.
Contact a Paycor representative to learn more about this timesaving service.