For most business owners acquiring Workman's Compensation Insurance, there are 2 familiar scenarios:

The first common scenario is buying more coverage than you end up using because of lower than forecast earnings.

These overpaid insurance premiums never get refunded back to you at the end of your policy period, basically wasting your profits.

The second scenario is buying less coverage that you end up using because of higher than forecast earnings.

Now you have surprise insurance premiums due at the end of the policy period, basically eroding and taking more of the profit you budgeted to go to your bottom line.

It's common knowledge that Workman’s Compensation insurance is necessary to protect your workers, yourself and your customers from workplace injuries and losses.

But what only a few business insiders know is that there is a better, 3rd way to pay for your Workman's Compensation insurance AS YOU GO, and even then, only pay a predetermined and forecasted percentage based on your actual weekly payroll costs.

This better 3rd way eliminates wasted profits from premium overpayments and eliminates surprise profit erosion at year’s end.

This insider’s secret is called a PEO, Professional Employment Organization, and BBSI is one of the best and largest ones you can find.

There's also a host of additional benefits you get when you switch to the PEO model.

Fill out the form to get a free quote for how you can start saving TODAY!

 

BBSI benefits

BBSI offers comprehensive business support services, including payroll, human resources, workers' compensation, and health benefits.

Services are designed to be locally-supported, ensuring personalized attention and expertise tailored to individual business needs.

BBSI focuses its local teams' understanding of client goals and and is commited to achieving them.

Services range from payroll processing to strategic business planning and risk management, all accessible through a user-friendly online portal.

Timeline of BBSI Client Onboarding:

First Meeting:

  • Mutual expectations are set.
  • Business objectives are assessed.
  • Company culture is understood.
  • Business processes are aligned.
  • A service proposal is crafted.

 

First Weeks:

  • myBBSI Payroll Portal is set up.
  • Employee information is acquired.
  • Payroll processes are reviewed and key reports are developed.

 

Business Blueprint Development:

  • Action items are created to overcome business risks and operational gaps.
  • The future support plan from the BBSI team is outlined.

 

First 60 Days:

  • "Deep Dive" discussion with BBSI Team covering:
  • Organizational challenges
  • Goals and business objectives
  • Opportunities for process improvement, supervisor training, and leadership development

 

Ongoing Partnership:

  • Continuous revisiting and refining of the Business Blueprint.
  • Development and strengthening of relationships between the BBSI team and the client's team.
  • Ongoing strategy meetings to tackle new challenges.