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• 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.
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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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