Workers Comp Pay As You Go
Ledger Payroll integrated Workers’ Compensation Payment Service helps you with a smarter, and more cost-efficient method to manage your employees’ insurance plan.
Having a workers' compensation plan in place is an essential requirement. However, large down payments and costly front cash outlay of the traditional plans tie up cash precious reserves. To make your life simple, Ledger Payroll has built an integrated worker’s compensation payment service that is linked with the payroll system, and the premium is calculated and impounded each pay cycle.
- Workers’ Compensation premiums are paid per payroll based on actual payroll vs. estimated projections
- No large down payments or estimated advances to insurance companies
- Increased cash flow — you keep your money working for you