Workers' Compensation Overview
Take the guesswork out of workers’ comp with our Workers’ Compensation solution. Paycor makes it easy, by spreading out your workers’ compensation expenses throughout the year. Premiums are automatically deducted from payroll, saving you time and helping you better manage cash flow. And because premium amounts are calculated each and every payroll period, you reduce the risk of a negative audit at the end of the year.
- Remittance of premiums: Insurance carrier gets timely and accurate payment of premiums.
- Automatic deductions: Payments are automatically deducted each period from payroll.
- Per payroll calculation of premium: Insurance premiums are calculated on actual wages, not estimates, so you avoid unexpected payouts.
- Experienced, full-service support: Enjoy access to an experienced staff of insurance professionals who can find you the best coverage and best price.
- Comprehensive reports: A comprehensive Workers’ Compensation report is provided each pay period and provides gross wages, exempt wages and premium totals for each NCCI and employee.
Contact us today to find out more.