....................................WORK COMP.....................................
Are you absolutely sure that you're paying the lowest possible premium for your Work Comp or "fee/burden" to your PEO?
SAY NO, to the STATUS QUO!
The "status quo" can really hurt you regarding your insurance, especially your Work Comp or PEO. For most business owners, Work Comp or your PEO is your largest insurance expense. If you or your agent has been complacent in this vital area, it WILL be costly to you.
Although, is it really YOUR job to make sure that your Work Comp or PEO is as cost effective as it can be? Are you a licensed insurance professional? Do you know every detail that could help reduce the cost of your insurance? NO, It's your agent's or your PEO salesman's job to do so.
Did you know... Work Comp Insurance is not static, over the past 5 years there have been numerous changes affecting the cost of Work Comp in Florida. In general, rates have been reduced by approximately 40%. Furthermore, there are additional ways for you to reduce and control the cost of your Work Comp via the ProActive management of all the components that determine your net premium like:
Application of all discounts: We provide thorough assistance with applying for all discounts. Many times we help our clients SAVE an additional 7% to 32% due to our ProActive Discount Management.
Experience Mod Mitigation and Maintenance: Your experience mod can be effectively reduced and maintained at optimum ratio by ProActive Claims Management and Loss Control Consultation which we provide for every client.
More Aggressive Dividend Plan: All dividend plans are NOT created equal. A more aggressive dividend plan could put THOUSANDS more dollars back in your pocket QUICKER!
Buy your work comp like the "Big Boys" do: We can negotiate more flexible work comp premium payment plans for you that can actually allow you to pay significantly less premium, than otherwise required, and allow you to maintain the "substantial difference" as working capital, rather than paid premium. Today, many medium sized employers can qualify for these plans that had historically been reserved for larger employers. We will push our companies hard for your approval.
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............................PEO/Employee LEASING............................
The dynamics of the PEO or "Employee Leasing" have changed drastically over the past seven years or so. There are far fewer work comp carriers providing work comp for the PEO's, which has increased the PEO's cost due to reduced competition. Consequently, the standard work comp market is recapturing a significant block of clients that had previously been with PEO'S. This exodus, of millions of dollars away from the PEOs, is leaving the PEO's with a preponderance of less established employers/client companies, with higher loss ratios. The PEO's, to maintain solvency, must raise the "RENT" that they charge YOU for leasing your employees back from them.
The technical term for this is"Adverse Selection"or, said in another way...
DON'T BE A "GOOD APPLE" IN A BAD BUNCH!
This is why we are finding that 9 out of 10 employers we interview can reduce their cost SUBSTANTIALLY by moving from the PEO to the standard Work Comp market, in consort with a Payroll/Tax Service, for identical "no down payment" / "pay as you go" program.
We offer, at no cost or obligation to you, a ProActive PEO Comparison, where we "un-bundle" all of the cost components of your PEO/payroll and provide, in fine detail, a comparison of what you are CURRENTLY paying via your PEO, versus what you COULD be paying with our preferred program. Our ProAcive PEO Comparison is suitable to present to your CPA or Attorney.
While I've helped a number of clients save up to 7% of their Annual Gross Payroll, the average savings are 4% to 5%.
EG: $300,000 Ann Gross Payroll X 5% = $15,000 ANN SAVINGS!
I look forward to helping you too.
CALL Mike Ryba at: (239) 404-4894
FAX your PEO's mst recnt wkly billing stmnt to: (239) 352-0260
EMAIL your PEO's most recent weekly billing statement to:
Mike.Ryba@ProActiveIns.com
For your no cost or obligation "ProActive PEO Comparision" today.
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