Workers’ Compensation
Pay-As-You-Go Workers’ Compensation
Paycor Workers’ Compensation allows you to automate insurance payments based on payroll and eliminate large down payments and end-of-year surprises.
Eliminate up-front costs and outdated payment processing
Paycor’s pay-as-you-go workers’ compensation solution ensures accurate premium payments so you can improve budgeting, avoid down payments, and eliminate surprises at year-end.
Comparison Shopping —
Trust Paycor to find the best rates from the highest-rated carriers.
Improved Cash Flow —
Paycor’s Workers’ Compensation allows you to spread out payments for better budgeting and cash flow.
Convenient Processing —
Premiums are automatically remitted to insurance providers and based on actual payroll figures, so you pay only what you owe.
Paycor Workers’ Compensation
Protect your business, your employees, and your cash flow.
Full Service Support
Along with comparison shopping, Paycor’s experienced team of insurance professionals are only one phone call away when questions arise.
Automate the Process
Never worry again about end-of-year audit surprises. With Paycor Workers’ Comp, wage data is automatically remitted to your insurance carrier each pay period.
Reduce the Risk
With our unified system, monitoring compliance is easy. Get comprehensive reporting to view gross and exempt wages and premium totals for each employee.
Solutions Trusted By Users & Third Party Evaluators
Workers’ Compensation FAQs
Affordable Care Act or ACA reporting refers to the information and forms employers must collect concerning their employees’ health care coverage during the calendar year.
Pay-as-you-go workers’ compensation provides employers with the option of paying workers’ compensation insurance premiums in installments, specifically with each payroll run. This solution allows employers to streamline their workers’ compensation process, which improves cash flow, saves administrative time and eliminates expensive down payments or end-of-the-year surprise costs.
Workers’ comp requirements vary by state. Although state regulations differ slightly, workers’ compensation insurance is required in nearly every employment scenario.
No, only businesses meeting their respective state mandates are required to carry coverage. However, mandates can be required for as few as one employee in some jurisdictions, so it is important to understand your company’s specific conditions.
Employers with an excessive loss history or catastrophic losses may be subject to increased rates or coverage declination within the competitive marketplace.
All employees, both full and part time, are covered by the company’s workers’ compensation policy. Certain individuals may be excluded – business owners, independent contractors, etc. However, each policy is unique, and every company needs to be underwritten based on its individual merits.
Streamline Business Operations for Your HR Needs
Resources
Get the expert advice and thought leadership you need to help your clients solve their toughest business challenges.
Guides + White Papers
Read Time: 1 min
Workers’ Compensation Policy Template for Employee Handbook
Download an editable template about your workers’ compensation policy for your employee handbook.
HR Glossary
Read Time: 2 min
What Is Workers’ Compensation?
Workers’ compensation is insurance that provides medical expenses, lost wages and rehabilitation costs to employees who are injured or become ill at work. Read more here.
Article
Read Time: 7 min
Why Pay-As-You-Go Workers’ Comp May Be a Smart Solution for Your Business
Workers’ compensation insurance is required by law for businesses. Pay As You Go workers’ comp is a solution that consolidates payments into payroll runs.
On-Demand Webinar
Understanding the Interplay of FMLA, ADA, and Workers’ Compensation
Did you know provisions of the ADA, the FMLA and Workers’ Compensation laws can apply to the same employee? And, when applied legitimately, they can be very beneficial to someone in need. Not sure how to navigate? We’re here to help.