An employee's wage or salary including amounts payable or other benefits made available to an employee under a contract of service.
All benefits including salary, superannuation, motor vehicles etc. provided to the staff member.
Remuneration is the entire earnings, money, or other substitute for money of all employees engaged in operations covered by the policy (including executive officers and other employees engaged in operations covered by the policy) during the policy period.
Money paid or a benefit given to a person in return for their services. Usually means a wage or salary but can also take the form of a special payment such as a bonus or a benefit.
The total compensation granted to an employee in exchange for work and comprising all forms of payment including money and the financial equivalent of non-monetary payments.
Wages and other benefits received as compensation for employment.... read full article
Every form of compensation for employment paid by an employer to an employee; whether paid directly or indirectly, including salaries, commissions, bonuses, and the reasonable money value of board, rent, housing, lodging, or similar advantage received.
A generic term to describe any payment or benefit received in respect of employment, including salary, benefits, short-term incentives, bonuses and long term incentives, including shares and options
Payment made for services rendered to an employer. Remuneration includes the following: Commissions Bonuses Extra wages for all overtime work at regular rate. Wages for holidays, vacations, or sickness periods. Payments by the employer of contributions required by law to statutory insurance or statutory pension plans such as the Federal Social Security Act, which otherwise would be paid by the employee. Payments to employees made on any basis other than that of time actually engaged in work, including but not limited to piece work, incentive plans or profit sharing arrangements. Payments or allowances to employees for hand or power tools furnished by employees. Payments made by the employer to defined contribution programs such as: Section 125 cafeteria plans, 401(k)'s, 403(b)'s, etc.
Payment for participation in research. (NOTE: It is wise to confine use of the term "compensation" to payment or provision of care for research-related injuries.) (Compare: Compensation.)
Remuneration includes money and non-cash benefits provided to employees for carrying out their work. Remuneration can be a flat-rate or variable eg. performance-related. 'Equitable remuneration' is both fair and effective.
Payment for participation in research; this is different from compensation, which typically refers to payment for research-related injuries (see Compensation).
The sum of the financial and nonfinancial value to the employee of all the elements in the employment package.
payment for work or services; another word for a salary. rent - money paid for (or income received from) the use of land or buildings.
The basis for calculating Workers' Compensation premium. Remuneration is primarily payroll, but may also include other forms of employee compensation. Workers' Compensation premium is computed by applying varying rates (for different classifications) (per hundred dollars of remuneration).
Commonly called payroll. Includes wages, commissions, bonuses, overtime pay, pay for holidays, vacations and sickness, payment for piece work, value of meals and lodging and other substitutes for money. (State exceptions may apply)
Remuneration is pay or salary, typically monetary payment for services rendered, as in an employment.
Apex Services helps employers review their workers' compensation insurance premiums and experience modifications as well as all other premium factors, adjustments and calculations. Our clients are medium, large and Fortune 500 companies across the United States. Some of the industries we have had major success with are health care, construction, manufacturing, staffing and transportation. We work with agents, brokers, employers and their risk managers, HR directors and finance teams, etc. to perform in-depth premium reviews for any company with premiums starting at around $100,000 or more
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Apex Services helps employers review their workers' compensation insurance premiums and experience modifications as well as all other premium factors, adjustments and calculations. Our clients are medium, large and Fortune 500 companies across the United States. Some of the industries we have had major success with are health care, construction, manufacturing, staffing and transportation. We work with agents, brokers, employers and their risk managers, HR directors and finance teams, etc. to perform in-depth premium reviews for any company with premiums starting at around $100,000 or
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Lower your Experience Modification factor for the previous and current years.
Your experience modification is a ratio that compares your companies losses to
the industry average. If your experience mod is high, you should get it reduced.
The lower your Experience Mods, the lower your premiums will be. The lower
your overall costs will be.
Don’t just accept your experience mod number in your policy, review it to
see if there are overcharges.
Check your workers compensation experience modification records for the
current year and up to six years prior and keep future savings.
To obtain the maximum refund, hire a firm to recover overpaid workers comp
premiums. Only pay if you get money back. No Recover, No Fee.
Find and recover premium overcharges in workers comp policies, current and
past.
Premium Review Firm who lower employers Workers Compensation insurance
premiums without changing agents, brokers or carriers.
We find & recover Workers Comp insurance premium overcharges for employers
in current and past policies. We do not sell insurance.
Independent Review Company specializing in recovering previous workers
compensation overcharges and reducing current premium costs.
Workers compensation premium recovery audits will help you review, recover
and refund overpaid Insurance premiums.
Analyze actual audits for premium overcharges. By reviewing your past and
current loss records, premiums, workers compensation class codes and your
experience modifications.
Recover Premium Overpayments Up To Six Years Prior and reduced your workers
compensation annual insurance costs.
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suspect your experience modification factor is high and want to recover overpaid
premiums or reduce your workers compensation costs, get your current and prior 6
years policies reviewed for overcharges.
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