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Lower PremiumsControl Cash FlowStay in ComplianceWhat is a PEO?


Workers’ compensation premium down payments can be quite substantial and have a big impact on cash flow. Within our Professional Employer Organization (PEO) programs, you have a zero down payment for your workers compensation insurance premium.

• The StreetSmart Solution combines workers’ compensation premiums with payroll. This Pay as You Go plan allows your insurance premiums to be deducted for each employee, each payroll, conserving your cash.

• Using our solution, the insurance carrier is not involved in your payments. When work is slow, there are no large monthly payments. The premium floats with the level of your payroll. You pay for insurance when you need it.

• With the StreetSmart Solution, you eliminate untimely Premium Audits that put you at the mercy of the insurance carrier auditor. Workers’ compensation insurance audits can involve a great deal of your staff’s valuable time and they almost never produce results in your favor.

• The PEO takes on the responsibility of tracking and managing work comp claims. The claims are actually on the PEO’s work comp policy, therefore they are motivated to protect their interest as well as yours.



Cash is king in a growing company (see related SBA article on our site).

Lower Group Health premiums = Improved Cash Flow: StreetSmart clients save thousands of dollars on group health insurance. This is a win-win for you and your employees. Having a fortune 500 health plan at lower cost is like giving your employees a raise.

Workers’ Compensation Insurance: PEO programs offer Zero down payment and premium payments are based on your payroll...not on the insurance carrier's schedule.  You pay as you go.

StreetSmart clients eliminate work comp premium audits, which saves untimely cash outlays and unnecessary time away from revenue-generating activities.

 

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