emprofit emp - profit (verb). To employ profitably.
What is EMProfit Group?
Your company's most important assets, as well as its greatest expenses, are in its employees. And it's not the wages that drive up the costs, it's the hidden costs of employer taxes, wage administration, and workers' compensation. While we all know that there's nothing we can do about the employer taxes, EMProfit Group has created an innovative network of cost-saving providers of the services and coverage that your business needs - and at a price you can afford. Think of us as the labor solution superstore.
Reducing Workers' Comp Costs Reduces Labor Costs
While politicians see rising workers' compensation costs as a political football, you see it as a constant reminder of profits going down the drain. EMProfit group has convened a national network of workers' compensation providers who utilize our group buying power to provide rates that are lower - in some cases over 42% lower than government-run insurers. If you think you're stuck with your high priced workers' compensation, think again! Let our group buying power go to work for you to reduce costs & increase profits.
High Risk
We specialize in what are called the "high risk" or "high hazard" industries. Builders, contractors, roofers, landscapers, plumbers, manufacturing, janitorial, restaurants - anything with a blue or grey collar - even staffing companies - we have your solution.
High "Ex Mod"
Our network of providers understands that bad things can happen to good employers. If you've been victimized by injuries, let our group buying power get you the lower rates you deserve. Bad things happen to good employers. EMProfit Group understands.
New In Business
Just starting out? Finding it hard to get any carrier to give you the lower rates you deserve? Instead of punishing you for your American Dream, EMProfit Group rewards your efforts and has programs to meet your budget. Even payroll & taxes! Do what you do best - let EMProfit Group do the rest.
Enhanced Payroll Program
EMProfit Group's Payroll Plus, an enhanced payroll service is designed to provide full-service payroll, benefits administration, and workers' comp services. This "pay-as-you-go" program collects your existing workers' comp premiums along with the payroll taxes each payroll period, and pays them to the appropriate agencies as collected. This eliminates that big month-end check to your workers' comp provider, and improves your cash flow. HR and risk management services are available as an option with this program.
Stand Alone Program
EMProfit Group offers traditional workers' comp coverage with an individual company plan that assesses your experiences, losses, and risks against your own company's wages and premiums. This "pay-as-you-go" model collects the premiums along with the payroll taxes each payroll period, which virtually eliminates nasty audits and end-of-the-year surprises. The Stand Alone Program provides the most cost savings for employers with low - to - moderate experience modifiers and below average loss histories. This program includes payroll, HR, and risk management services in its price.
Group Program
Our innovative Group Program offers workers' comp coverage that spreads your experiences, losses, and risks over a larger group of employees from companies all over the USA. This results in below market costs for coverage since any losses you experience are calculated against the combined wages of the entire group. With the same "pay-as-you-go" full service features of the Stand Alone Program, our Group Program provides the most cost savings for employers with moderate - to - high experice modifiers and average to above-average loss histories.
Reduced Exposure & Costs
The EMProfit Group program reduces exposure for both the workers' compensation carrier and for our clients.
The carriers pass their savings on to our clients in the form of lower premiums. Plus, they underwrite the cost of doing your payroll.
Our clients pay their premiums on an "as-you-go" basis, collected with each payroll. They enjoy lower rates, reduced costs, and improved cash flow.
What's In It For You?
Since the carrier no longer has to chase its payments or pay for expensive audits, they pass their savings on to you in the form of greatly reduced premiums. Additionally, the carriers pay EMProfit Group to provide payroll services to you. That's right - they underwrite the costs of payroll. Our clients have no additional payroll expenses. Plus, you don't have to write that huge check every month for work comp since it has already been paid (along with employer taxes) with each payroll. This greatly improves cash flow.
What's In It For the Carrier?
Usually carriers collect premiums the month after the wages were paid. And they take the insured's word on the accuracy of the payment. This creates a 60-day lag from wage payment to premium collection, and calls for a grueling audit at any time.
EMProfit Group collects the premium with each payroll and sends both the payment and the actual payroll report to the carrier within days of the wages being paid. This puts the premium in their hands sooner and eliminates costly audits.
Getting Started
EMProfit Group's "pay-as-you-go" program saves everyone money by maximizing efficiencies. Our network of "A-rated" and above carriers partner with you to reduce their costs - and yours. For a free, no obligaton quote, here's all we need to get started:
Fax those documents in to us at (888) 522-6726 or email them to us at: info_emprofitgroup.com.
Payroll & Payroll Tax Administration
At EMProfit Group, we consider payroll one of the most important facets of your business as it relates to employees. We make it a priority to ensure your employees receive their paychecks accurately, timely and compliant with government regulations. We handle payroll tax administration responsibilities and remove much of the liability from your business.
Human Resource Compliance
In today’s litigious society, it critical that businesses develop and maintain a proactive, consistent and effective human resource management program for their employees. EMProfit Group handles this necessary component with the expertise and resources found only in large business environments. We provide this service with the goal of helping you protect your assets and build a profitable business on a strong foundation of motivated employees.
Business Coverage & Risk Management
Worker’s Compensation Insurance, as any business owner knows is a requirement for any business that has employees. Unfortunately, it is a complex and high maintenance responsibility for most small business owners. At EMProfit Group, we handle the complete administration of workers compensation insurance with the expertise it takes to make it simple and cost-effective.
Workers' Comp Cost Reduction Services
• Workers' compensation insurance outside of State Fund for qualified companies
• Worksite risk review, loss control and Injury & Illness Prevention plans
• Workers Compensation claims management
• Elimination of workers compensation audit administration
• Better cash management through weekly premium payments
• Regular safety meeting topics
Complete Payroll Services
• Preparation, filing, and payment of all federal, state, and local taxes
• Paycheck preparation and delivery, including electronic direct deposit
• Pretax Payroll deductions for insurance plans, 401(k), flexible benefits, wage garnishments or child support payments
• State and Federal new hire reporting requirements
• Vacation and Sick Leave accrual and monitoring
• Third party wage and employment verifications
• Year end 940 and W-2 processing
Human Resource Services
• Assistance with custom policy development and communication
• Employee and supervisor training for sex harassment, hiring, terminations, etc.
• Customized Employee Handbooks
• New Hire forms and documentation
• Labor Board claim documentation and hearings presence
• Unemployment claims management
• Compliance with employment-related State and Federal regulations
Case Study 1: Roofer Saves over $40k
A 10 man roofing contractor called us as a last resort before going out of business. His XMOD had shot up to over 200% and he was paying more in work comp premiums than in wages. We placed him with our stand alone program and saved him over $40,000 a year on his coverage. Plus, he received a refund from his prior carrier.
Case Study 2: WC Policy Lapsed
A public works contractor had let their work comp policy lapse - for over 5 years. Now, under threat of legal action and after having been turned down on bids they came to us. Within 7 days we had them with an A+ - rated work comp carrier, and are saving them over $14,000 a year over their state-run carrier. Now they are landing larger public works contracts and seeing increased revenues.
Case Study 3: Experience Mod of 199%
This client purchased their business and inherited an XMOD of 199%. Their work comp provider gave them a 60-day cancellation notice only three months into their new policy. Faced with having to get coverage from the State Fund, which would have tripled their premium costs, they came to us. Now we handle their payroll and workers' comp coverage, and are saving them over $10,000 per year.
Case Study 6: Victimized by WC Fraud
The third "Monday Morning Injury" had just happened when this roofer called us. Suspecting another case of employee-fraud, they hired a private investigator to look into this suspicious injury. What they found would have swayed any jury, but not State Fund. The carrier not only paid the claim, but that raised their XMOD. Now, with EMProfit Group, they enjoy over $30,000 in cost savings a year and their employees know that the days of fraudulent claims are over.
Case Study 4: Cancelled by State Fund
A few years ago this client decided to make a stand against what he considered to be an unfair audit by his government-run carrier. It got him cancelled - and assessed a big fine. The Department of Labor was threatening to shut him down, when we were able to place his company with one of our solutions. Not only is he saving thousands of dollars each year, he can continue to operate his business while he battles State Fund.
Case Study 5: New In Business
While one would think that insurance companies would jump through hoops to gain new business, this contractor found just the opposite - until they came to EMProfit Group. What they found is that our team of solution providers found a comprehensive package of work comp, general liability, and health policies that got them going for less on day one! They even got a free dental plan! Now that's something to smile about.
Contact Us
Corporate Headquarters
3855 E. La Palma Avenue, Suite 243
Anaheim Hills, CA 92807
Eastern Regional Office
Johnson City, TN
T: 866.848.1872
F: 888.522.6726
E-mail: info_EMProfitGroup.com
GOOD FOR YOUR CLIENTS
• Save up to 25% or more on Work Comp costs.
• No deposits/No audits.
• Complete HR and Payroll service and support.
• Reduced labor costs.
• Professional risk management.
• Proactive claims coordination and management.
• Professional payroll processing at no additional cost
GIVE US YOUR TOUGH STUFF
• Companies with "shock" losses or tough classes.
• Those with an escalating experience modifier.
• Multi-state location or emerging growth companies.
• Contractors, Roofers, Restaurants, new in business.
• High risk, high hazard, blue collar are our specialties.
• Turned down elsewhere? Give us a chance.
SHOW ME THE MONEY
EMProfit Group offers the opportunity to make commissions with the successful placement of an account. Commissions range from 10%-15% of premiums, paid monthly. You don’t lose commission dollars by saving your clients money. Just the opposite.
For more information about the EMProfit Group Affiliate Program, email jay_emprofitgroup.com .
PEO, PEO-Lite, or ASO - GIVE CLIENTS A CHOICE!
PEO - A professional employer organization (PEO) is not a temp firm, a staffing agency, a simple payroll service or placement agency. Your client enters into an agreement with the PEO to establish a three-way relationship between the client, the employees and the PEO. The client and the PEO become co-employers, instead of the traditional employer company/employee relationship. The PEO takes responsibility for HR administration and compliance, for which it charges a service fee. Client employees continue to work at the client company location, and clients continue to exercise control over their business. Employees are paid from the PEO's bank account with the client's name on the check.
PEO-Lite has the same cost savings and advantages of the PEO, but allows for the employees to be paid from the client's bank account. This eliminates weekly wire transfers or cashiers checks and improves the cash flow for the client.
An ASO is a kind of middleman for administrative services for clients. EMProfit Group's ASO plan handles payroll & tax filing for clients, as well as collecting and paying work comp premiums. All employer taxes and paperwork is filed under your client’s FEIN. EMProfit Group handles questions about regulatory compliance and offers assistance with legal questions, risk management, safety, and human resources. Clients maintain a stand-alone work comp policy, and pay their employees from their own bank accounts.
THE EMPROFIT ADVANTAGE: OPTIONS
When it comes to workers' compensation coverage for your client's workforce, agents and brokers have very few options on their hard-to-place business. While we are pleased to present the best "group" option for you (our PEO arrangement that has low prices and high commissions), we also realize that the PEO may not be the best fit for your client. That's why we offer "stand alone" coverage through our ASO. As an affiliate for EMProfit Group you can offer your client a real choice that best meets their labor situation.
COMPLIMENTARY - NOT COMPETITION
EMProfit Group is an administrative company - not an insurance brokerage. Our niche is to save companies money on their workers' compensation coverage, for which we pay our affiliates a marketing fee based on a percentage of the client company's premiums. Our affiliates enjoy earnings that are generally higher than those offered by PEOs and carriers - while the client companies enjoy lower costs of coverage.
EMProfit Group does not solicit nor sell insurance products. Our affiliates are free to provide their other product lines to their customer. And, with the money they save on the EMProft Group program, clients have more ability to invest in the security of their companies with our affiliates.
© EMProfit Group. This is not a solicitation to sell insurance.
