Our Worker's Compensation Services...
Pay-By-Payroll Workers' Compensation
Due to the fact that Worker's Compensation is a mandatory government regulated insurance, it can become very costly if not managed consistently and effectively.
The traditional Worker's Compensation policies required the employer to pay their annual premium in advance and/or required to pay a 25% deposit. The premium was figured as a guessing game based from the prior year's annual payroll. Is this figure understated or overstated?
You as the employer play that game. Resulting in over payments to the insurance company or you end up owing for not having calculated correctly at the beginning of the year. TSP returns control of cash flow back to your business.
With the PAY-BY-PAYROLL program, premiums are calculated and deducted with each payroll and paid at that time. Eliminating the guessing game with either over or under payments at the end of the year. You now have an alternative to the traditional Worker's Compensation Insurance. With TSP you rid yourself of the large up-front deposits, end of the year unexpected balance payments and of course the dreaded audits.
We offer a Worker's Compensation report giving you easy data entry reporting. TSP will track and report Workers' Compensation related information.
Due to the fact that Worker's Compensation is a mandatory government regulated insurance, it can become very costly if not managed consistently and effectively.
The traditional Worker's Compensation policies required the employer to pay their annual premium in advance and/or required to pay a 25% deposit. The premium was figured as a guessing game based from the prior year's annual payroll. Is this figure understated or overstated?
You as the employer play that game. Resulting in over payments to the insurance company or you end up owing for not having calculated correctly at the beginning of the year. TSP returns control of cash flow back to your business.
With the PAY-BY-PAYROLL program, premiums are calculated and deducted with each payroll and paid at that time. Eliminating the guessing game with either over or under payments at the end of the year. You now have an alternative to the traditional Worker's Compensation Insurance. With TSP you rid yourself of the large up-front deposits, end of the year unexpected balance payments and of course the dreaded audits.
We offer a Worker's Compensation report giving you easy data entry reporting. TSP will track and report Workers' Compensation related information.
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Time To Take
The Hassle Out Of
Payroll Administration
The Hassle Out Of
Payroll Administration
A Professional Employer Organization
Our Worker's Comp. Program Features:
> Minimal deposit requirement
> Premiums calculated & deducted like payroll taxes
> Any audits performed at TSP's office
> Worker's Compensation reports filed
> Experienced claim management
> Minimal deposit requirement
> Premiums calculated & deducted like payroll taxes
> Any audits performed at TSP's office
> Worker's Compensation reports filed
> Experienced claim management
Fact 1:
$5,000 per employee -
The approximate annual cost of government regulation, paperwork and tax compliance. Originally calculate in 1995, this cost is estimated to have risen 10% since then.
Source: Small Business Administration
$5,000 per employee -
The approximate annual cost of government regulation, paperwork and tax compliance. Originally calculate in 1995, this cost is estimated to have risen 10% since then.
Source: Small Business Administration
Fact 2:
85% of companies who outsource Human Resources have become more profitable.
Source: Price Waterhouse Coopers as quoted by HROWorld.com
85% of companies who outsource Human Resources have become more profitable.
Source: Price Waterhouse Coopers as quoted by HROWorld.com
Fact 3:
Business owners spend 20% to 40% of their time performing administrative obligations.
Source: Small Business Administration
Business owners spend 20% to 40% of their time performing administrative obligations.
Source: Small Business Administration
Better Benefits
At Lower Costs
With Less Hassles
And All While Creating...
At Lower Costs
With Less Hassles
And All While Creating...
A Happier &
More Productive Workforce
More Productive Workforce
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Duplication, reproduction and or retransmission is prohibited without permission
Some Digital image content © 1997-2007 Hemera Technologies Inc., a wholly
owned subsidiary of Jupiter Images Corporation. All Rights Reserved
Adobe Acrobat, Flash, Shockwave are trademarks of Adobe Systems
Java is a registered trademark of Sun Microsystems Inc.
Site design © 2009-2010 D. Merritt - BrainBoxUSA.com
Free Updates:
Insurance Programs
> Worker's Compensation insurance coverage
Safety and Loss Control
> On-Line Safety Training and Materials
> OSHA Compliance Instruction
> Assistance with OSHA Abatement
> Recommendations on safe workplace and best practices
> Train-Your-Trainer Programs
> Accident Investigation
> Loss Analysis with recommendations
> Customized Health and Safety program
> Safe Driving Policy
Workers Compensation Claims Management
> State required notice of injury filing
> Three points of contact - TSP, Injured Worker and Provider
> Hand selected treatment provider assignment
> Claim monitored through closure
Post Accident Drug Testing
> Employee drug testing
> Pursue reductions in indemnity payments allowable by law
> Worker's Compensation insurance coverage
Safety and Loss Control
> On-Line Safety Training and Materials
> OSHA Compliance Instruction
> Assistance with OSHA Abatement
> Recommendations on safe workplace and best practices
> Train-Your-Trainer Programs
> Accident Investigation
> Loss Analysis with recommendations
> Customized Health and Safety program
> Safe Driving Policy
Workers Compensation Claims Management
> State required notice of injury filing
> Three points of contact - TSP, Injured Worker and Provider
> Hand selected treatment provider assignment
> Claim monitored through closure
Post Accident Drug Testing
> Employee drug testing
> Pursue reductions in indemnity payments allowable by law