Please note that this not a stand-alone service. You must be enrolled in Payce’s payroll service to take advantage of our pay-as-you-go workers’ comp solutions.
Our seamless payroll/workers’ compensation solution, PremiumLink™ helps you avoid the large, up-front deposits and year-end surprises common with workers’ compensation insurance.
We are confident you will enjoy the added benefit of enhanced cashflow in paying your worker’s compensation premium with our PremiumLink™ product.
With PremiumLink™ Workers’ Compensation Premium Payment Service you pay for exactly what you need, when you need it. With PremiumLink™, Payce will automatically calculate your actual premium cost each payroll period to provide you with a budgeted, regular and automatic payment plan. It’s the simple and convenient way to pay for your workers’ compensation.
PremiumLink™ Instantly Improves Your Cash Flow.
A traditional payment plan requires a down payment and installments over the year. The annual premiums are based on estimated payroll values that are adjusted at the end of the policy period by the often surprising audit. With Premium Link™, NO up front cost is required and we calculate your actual premium cost each payroll period. As a result the year-end adjustment, if any, is minimal.
How does it work?
Each pay period, you transmit your payroll to Payce to process the payroll. Payce communicates your actual payroll to the worker’s compensation carrier. The insurance carrier then calculates the premium cost for that payroll period, and automatically debits an account designated by you for the premium amount 2 to 3 business days after your pay date.
It’s easy to get started with Payce and the PremiumLink™ integrated payroll and worker’s compensation program, even if you are currently using another payroll provider. To find out how Payce can start saving you time and money on your payroll processing, call 1-800-729-5910 or email email@example.com for more information or to schedule a meeting with a Payce representative.
Payce offers many carrier options. You may contact your local agent to obtain a premium quote from selected agent. Please click on one of the icons below to locate an agent near you: