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06: Workers’ Comp: Calculating and Paying Premiums

With Monthly Self Reporting, you’ll need to calculate your premiums each month so that we can pay your carrier. The first step is to click Workers Comp along the left and open the Payments tab.  

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For each class code in the current reporting period, click $0.00 and enter the payroll amount, then click Save

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Once you’ve entered your payroll, you can see your total net premium at the bottom. The net premium also appears next to the reporting period. 

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To pay the premium, click the Pay button. 

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In the popup that opens, make sure that your premium amount is correct. Then choose the bank account you’ll be using to pay the premium, and the date when you’d like us to pay it. When finished, click Confirm.

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Your payment will go into our queue, and you'll see Submitted under the reporting period. We typically pay carriers every business day at 10:30 am Pacific time. Until then, you can click Undo Payment if you need to make any changes. 

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Once your payment goes through, you’ll see Complete under the reporting period.