If your company has experienced a price increase for workers’ compensation insurance or have been non-renewed by your current insurance carrier or tired of being over charge by the state fund. You should consider using an employee leasing company or Professional Employer Organization (PEO) Using a PEO to obtain your workers compensation is a good alternative to purchasing your own workers compensation policy. Leasing companies handle your payroll, w-2 forms, unemployment and workers compensation claims. In many cases the down payment required to obtain a new workers compensation policy is high and many new businesses cannot afford the down payment. Another advantage is that you will never get audited because you pay as you go for your coverage
If your company has experienced a price increase for workers’ compensation insurance or have been non-renewed by your current insurance carrier or tired of being over charge by the state fund. You should consider using an employee leasing company or Professional Employer Organization (PEO) Using a PEO to obtain your workers compensation is a good alternative to purchasing your own workers compensation policy. Leasing companies handle your payroll, w-2 forms, unemployment and workers compensation claims. In many cases the down payment required to obtain a new workers compensation policy is high and many new businesses cannot afford the down payment. Another advantage is that you will never get audited because you pay as you go for your coverage