Do the research. Check us out. Our insurance carrier is rated by A.M. Best and NCCI. I know at AM Best’s site you can look at older records dating back a while. Like I said guys, check it out. It is worth a look. If you have concerns we can provide references, copies of receipts to show that we pay the taxes on all our employees and/or we can provide your bank with a lein note against us for the amount of your payroll to guarantee your money. We are one of the largest firms in our industry, doing business in 36 states with an annual payroll of over $1 billion.
Look at it this way, you have heard of payroll services right? Well we are a WC/Payroll service. It puts both pieces in the same place. The whole reason why you have to pay a deposit on your WC is because you are giving an estimate of what your payroll is going to be for that year. By handling both your payroll and your WC, we know what your payroll is so there is no guessing. Also, no audit at the end of the insurance policy’s year. No big check then because you under estimated and now you own on extra payroll that wasn’t counted for in the policy. All that is gone because we are doing both. We know exactly what amount of coverage you need in each code.
I don’t want to make anyone upset. This isn’t a program that everyone will or even should do. But don’t you think you should explore the option before you decide that it’s not worth it. If you have questions, give me a call, if I can’t answer them I will get the answer. I look forward to hearing from you.