Trucking Industry Turns to PEO Advantage for Workers' Compensation and Pay-Go Policies

TAMPA, Fla., Nov. 16, 2011 /PRNewswire/ -- PEO Advantage is becoming a popular resource for the high risk trucking industry, as employers rely on the company's ability to deliver discounted rates, employee leasing solutions, claims review, administration, OSHA compliance, pay-go policies and on time/on demand workers' compensation certification.

"Because workers' compensation rates are regulated by state governments and assigned based on the risk inherent to a particular job code, many businesses that employ truck drivers are faced with expensive rates on policies that require large down payments, often restricting cash flow," states Patrick Moraites, CFO, PEO Advantage.

According to data from the Trucks Involved in Fatal Accidents (TIFA) survey program at the University of Michigan Transportation Research Institute, an average of about 5,061 trucks are involved in a fatal traffic accident each year. The National Bureau of Labor Statistics states that highway incidents alone accounted for more than one out of every five fatal work injuries in 2010.

Drivers also have a disproportionate number of musculoskeletal injuries compared to workers in other industries. Due to the nature of the work, many hours are spent seated, followed by strenuous labor of loading/unloading.  Injury claims include vehicle accidents, slips/falls, strains, back injuries, carpal tunnel, and freight crush injuries.

With wholesale access to over 100 PEOs, PEO Advantage guarantees clients a minimum of 25% cost reduction. Since PEOs already have established policies in many states, an employer can add employees and provide proof of insurance immediately. PEOs further aid employers by administering safety plans, training, audits, reviews, accident documentation and reporting.

PEO Advantage offers pay as you go workers' compensation policies with no deposit or audit required and access to much needed health insurance for the trucking industry.  For more information on high risk solutions, visit www.PEOadvantage.com or call 813-251-3181.

About PEO Advantage (www.PEOAdvantage.com)

Founded in 2002 by the Axis Group, PEO Advantage delivers a comprehensive approach for securing the best employee leasing services. PEO Advantage manages the entire vendor process by reviewing quotes, ensuring requirements are met, and selecting best possible pricing.  With experienced insight into employee leasing services, PEO Advantage has helped over 2000 companies in selecting payroll, HR, workers' compensation and benefits needs comprising more than $200M in annual payroll.

SOURCE PEO Advantage