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Workers Compensation Insurance - What is Traditional Workman's Comp?
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Traditional Workers Comp - What is Workman's Comp Insurance?
A lot of people may get confused when it comes to Traditional Worker's Compensation 😕
Erika took the time today to sit down and help explain it to you:
Traditional worker's comp requires:
1) A large down payment based on your estimated payroll. 💰
2) You to make a few large payments throughout the year.
3) AND there is an annual audit to true up the policy, either getting money back or needing to pay even more after you pay the next years down payment.
But don't worry, "Pay As You Go Worker's Comp from Brabo" requires a MUCH smaller down payment! 💯
Each payment will be tied to your payroll run.
If you pay your staff weekly, you pay your workers comp weekly based on each payroll run.
During seasonal up turns & downturns, the amount you pay goes up and down with your wages, which makes A LOT more sense for cashflow!
Don't worry if you have been told by your payroll company that they can't put you on. Brabo Payroll has a program for most businesses regardless of line of work!!
#WorkersCompInsuranceCompanies #WorkersCompPlymouthMA
#WorkersCompensationCompanyPlymouthMA
About Brabo Payroll
Payroll services from Brabo Payroll- a concierge payroll company that puts the client experience above all else. Unlike most payroll companies, we offer fixed pricing on our paycheck services so that you know you are getting the the real offer the first time you are quoted. Whether you are looking for payroll services for one employee or the best payroll services for small business, Brabo Payroll offers the best customer service and simple pricing for payroll, HR and employee benefits.
65 Cordage Park Circle, Suite 120
Plymouth, MA 02360
(508) 356-8266
Read Our 5 Star Reviews:
Join Us on Social Media:
Please Ignore These:
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A lot of people may get confused when it comes to Traditional Worker's Compensation 😕
Erika took the time today to sit down and help explain it to you:
Traditional worker's comp requires:
1) A large down payment based on your estimated payroll. 💰
2) You to make a few large payments throughout the year.
3) AND there is an annual audit to true up the policy, either getting money back or needing to pay even more after you pay the next years down payment.
But don't worry, "Pay As You Go Worker's Comp from Brabo" requires a MUCH smaller down payment! 💯
Each payment will be tied to your payroll run.
If you pay your staff weekly, you pay your workers comp weekly based on each payroll run.
During seasonal up turns & downturns, the amount you pay goes up and down with your wages, which makes A LOT more sense for cashflow!
Don't worry if you have been told by your payroll company that they can't put you on. Brabo Payroll has a program for most businesses regardless of line of work!!
#WorkersCompInsuranceCompanies #WorkersCompPlymouthMA
#WorkersCompensationCompanyPlymouthMA
About Brabo Payroll
Payroll services from Brabo Payroll- a concierge payroll company that puts the client experience above all else. Unlike most payroll companies, we offer fixed pricing on our paycheck services so that you know you are getting the the real offer the first time you are quoted. Whether you are looking for payroll services for one employee or the best payroll services for small business, Brabo Payroll offers the best customer service and simple pricing for payroll, HR and employee benefits.
65 Cordage Park Circle, Suite 120
Plymouth, MA 02360
(508) 356-8266
Read Our 5 Star Reviews:
Join Us on Social Media:
Please Ignore These:
workers comp
workers comp insurance
workmans comp
workmans comp insurance
adp
paychex
payroll service
payroll services
payroll company
payroll company ma
ppp
eidl
brabopayroll
brabo
payroll
payroll company near me