Workers Compensation Payroll
For wrap-ups that provide worker’s compensation coverage, monthly payroll reporting is required for all enrolled contractors. Payroll should only be reported for employees performing work at the job site. Contractors should follow the Worker’s Compensation payroll reporting guidelines and regulations set by the state where the project is located.
Correct payroll reporting is imperative as any unnecessary increase or decrease in payroll will result in an inaccurate insurance credit for the contractor and inaccurate premium adjustment for the program sponsor. Please contact us with any questions regarding payroll reporting.