I have been a sole proprietor and now I am looking at perhaps getting employees. I checked with my State Workman’s Comp (California) and my rate was around 8500.00 per year I clean houses based on payroll of 31000 per year. Do you include this as well as unemployment insurance in your payroll calculations. Would my rate for workmans comp be any less with you? Thank you for you response.
Fit Small Business doesn’t sell Worker’s Compensation insurance, but we provide articles to help you better understand it. Obtaining your own insurance is typically the most costly way to get it. What we recommend is using a payroll provider with group Workers’ Comp insurance buying power, that can group your employees with others in similar risk industries. That often results in lower WC rates for you. We recommend Gusto, but there are plenty of free and low cost payroll providers that have similar WC buying options. I’ve attached articles below to help you sort through your choices.
Laura, HR Staff Writer, SPHR, MAEd
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