Contact: Marketing Dept.
GTM PAYROLL SERVICES NOW AUTHORIZED TO PROVIDE PAY-AS-YOU-GO (PAYGO) WORKERS’ COMP THROUGH THE NEW YORK STATE INSURANCE FUND (NYSIF)
CLIFTON PARK, NY – May 25, 2016 – The NYSIF has announced that clients of GTM Payroll Services can now get their PAYGO workers’ compensation insurance policy through the state fund. Clients can enroll at their renewal date or when adding a new NYSIF policy.
PAYGO workers’ comp lets businesses pay for coverage as their payroll is processed, instead of basing premiums on an estimate of projected annual payroll and subject to fees, providing better control over cash flow. Other benefits include:
- No large premium down payments
- Minimal audit adjustments
- Premium is calculated on actual payrolls
- No monthly billing or finance fees
GTM is approved by InsurePay, NYSIF’s software provider, to provide NYSIF PAYGO to eligible policyholders.
About GTM Payroll Services
Founded in 1991, GTM Payroll Services is a recognized leader in payroll and workforce management solutions for families that employ domestic help and businesses across all sectors and sizes. Today, GTM processes more than $1 billion in payroll every year for more than 30,000 employees. GTM’s staff includes certified payroll professionals, licensed insurance brokers, human resource managers, employment tax experts, and CPAs. GTM has been featured by the Times Union and The Business Review as one of the best places to work in the Capital Region. GTM has also made the INC 5000 list eight times as one of the fastest-growing U.S. companies. For more information, visit GTM Payroll Services at GTM.com.