This service calculates and deducts Workers’ Compensation premiums on a per payroll basis. It eliminates the need for large lump sum payments at the beginning of the plan year and eases the hassle of year-end audits. This plan allows for better cash flow management and eliminates check writing and down payments. Coastal Payroll offers this program through many major insurance carriers.

Workers Compensation audits are performed annually by most insurance carriers and it is important for employers to easily report on workers compensation eligible wages and classification codes. MP provides reporting that allows employers to track workers compensation premiums each payroll. Simply provide your workers compensation classification codes and rates and your reports will generate with each payroll.