Glossary · Compliance
Pay-As-You-Go Workers' Compensation
A workers' compensation billing model in which premium is calculated and paid each payroll based on actual wages, eliminating large deposits and audit surprises.
All terms
Entravia Editorial
Pay-as-you-go comp ties premium calculation to the payroll engine, applying class-code rates against actual gross wages each pay period. The model dramatically reduces upfront deposits and end-of-policy audit shock.
Most PEOs offer pay-as-you-go comp as a default; standalone-market employers may need to specifically request it from carriers.
Related terms
- Workers' CompensationState-mandated insurance covering employee injuries and occupational illness. Premiums are class-coded by job duty.
- Workers' Compensation Premium AuditThe post-policy-period reconciliation in which a workers' comp carrier compares estimated payroll and class codes against actual exposure and adjusts premium.
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