Workers' Compensation
Whether you prefer the convenience of an automated payment service, or the power to manage your company's costs more efficiently, Paychex has the answer. We offer two distinct workers' compensation solutions to help simplify recordkeeping and improve cash flow.
Our automated payment service helps you avoid the large, up-front deposits and year-end surprises common with workers' compensation insurance.
By integrating our service with your company's payroll information, we can calculate the workers' compensation costs per pay period based on actual wages, as opposed to estimating. We then send the payments electronically to help ensure their timely and accurate delivery to your company's insurance carrier.
With our automated payment service, you can:
- Improve budgeting and stabilize your cash flow.
- Receive the detailed reports provided in our Workers' Compensation Report Service.
- Access our 24-hour, toll-free hotline for easy claim reporting with our insurance carrier partners.
Maintain control over your company's workers' compensation costs with reliable reports from Paychex. Each pay period, we compile workers' compensation reports using actual wages for each classification code. Available on a quarterly or monthly basis, these eliminate the hassle of gathering employee information, and make it easier to manage premium payments with your insurer.
Insurance Solutions
Paychex can provide your business with insurance solutions ranging from health insurance, to life, Business Owner Policy (BOP), and Employee Practices Liability Insurance (EPLI).
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For more information about our payment service, please contact a licensed Paychex Agency representative at 877-266-6850, Monday through Friday from 8:00 a.m. to 6:00 p.m. ET. Or, complete our online form for a no-obligation quote.
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