Manage Workers’ Compensation Costs
Workers’ compensation costs impact every business owner. Learn how to help your clients manage the costs associated with workers' compensation.
May 10, 2010
Workers’ compensation costs impact every business owner. Reporting estimated wages that determine annual premiums can be difficult. Either a business underestimates or overestimates wages causing year-end adjustments that can impact a business owners’ cash flow.
In recent research conducted by Paychex, we learned that accountants play a variety of roles with respect to client assistance with workers’ compensation – some very actively involved and others with little or no involvement. With the help of the Paychex Insurance Agency, Inc., we enable accountants to distinguish themselves by playing a highly proactive and valuable role, but with a minimum of effort.
Paychex is the leader in the marketplace with our Workers’ Compensation Payment Service. Our service helps business owners avoid large up-front deposits and year-end adjustments. Through integration with our payroll service we calculate workers’ compensation costs based on actual wages, offering the best cash management tool for businesses in the marketplace today.
Service features and benefits include:
Partner with Paychex to Help Your Clients Manage Workers’ Compensation!
Paychex is proud to be the exclusive provider of retirement services for the firm-based AICPA Member Retirement Program, and preferred provider of payroll and retirement plan services for CPAs through the AICPA Business Solutions Partner Program.