Pay-As-You-Go Work Comp
PAY PLANS & BENEFITS, INC.’s Pay-As-You-Go Premium Payment
When you work with Pay Plans & Benefits, Inc., you can rely on us to increase your
productivity with cost-efficient, convenient solutions that fit your needs and allow you to focus on your business growth.
Pay Plans & Benefits, Inc., Inc. can provide you with a payroll enhancement option that will help you manage your worker’s compensation premium payments through the Pay-by-Pay® Premium Payment Program, providing you with an innovative administrative and payment solution for your business.
How can your business benefit from Pay Plans & Benefits, Inc.’s Pay-by-Pay?
- Eliminate the large, up-front premium deposit, which helps free up cash flow that you can reinvest in your business to build profitability
- Accurately calculate and collect your premium payments each pay period, based
on the actual payroll processed - minimizing the risk of over or under payments at
your year-end audit.
- Pay only what you owe for workers’ compensation premiums, when you owe it
- Accurately calculating overtime wages and tips
- Decreasing the risk of late payment policy cancellations because payments are
sent directly to the carrier
- Provides a convenient premium payment report to you at no additional cost, each
time you run payroll.