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HomeRelevant ArticlesPAYCE & AmTrust Introduce New Worker’s Comp Payment Plan


PAYCE & AmTrust Introduce New Worker’s Comp Payment Plan

October 3rd, 2016

Payce, one of the mid-Atlantic region’s leading payroll service firms, announced that Payce has been approved by AmTrust North America to partner with appointed agents to offer a new Pay-As-You-Owe (“PAYO”) No Down Payment worker’s comp payment option.

Through this alliance clients of Payce and AmTrust North America will realize a significant cash flow benefit through a No Down Payment worker’s comp payment option.

Here’s how it works…Each pay period, you send your payroll to Payce, Inc. to process.  Payce, Inc. calculates the workers’ compensation premium cost for that payroll period and automatically debits an account designated by you for the premium amount on your pay date.  It’s that simple!

Enhanced Client Benefits:

  • Realize immediate cash flow improvement
    • Low $200 deposit
    • Workers’ compensation premium payments based on actual payroll, not estimates
    • No Invoices or checks to write
  • Minimizes year-end audit adjustments
  • 15% off all payroll processing
  • No upfront cost to convert to Payce, Inc.

If you are interested in this exciting new member benefit, please contact Brian Pfeifer with Payce, Inc. at 443.279.9000 (x1212).