Unicorn HRO® Announces 'Pay As You Go' Workers' Compensation Offering

Dec 12, 2010, 23:59 ET from Unicorn HRO

FLORHAM PARK, N.J., Dec. 12, 2010 /PRNewswire/ -- Unicorn HRO®, a leading innovator in human resources and payroll solutions, announced today that it will begin offering "Pay As You Go" Workers' Compensation insurance as part of its suite of services. The "Pay As You Go" system for managing workers' compensation insurance offers employers the compelling advantage of being able to manage workers' compensation insurance payments in real time, thus allowing for simple, accurate and fiscally responsible cash flow management. The "Pay As You Go" offering will eliminate the need for large installment payments and costly annual end of year workers' compensation insurance reconciliation audits. The insurance premium calculations are automatically processed through Unicorn HRO®'s payroll solutions system.

"Unicorn HRO®'s greatest point of pride is our industry-leading client retention. Therefore, in order to satisfy our clients' evolving needs, our strategic approach is to expand our capabilities to include insurance products and employee benefits," said Frank Diassi, Chairman of Unicorn HRO®.

This exciting new offering will eliminate the uncertainty that is often associated with calculating annual workers' compensation payments. "Unicorn HRO®'s comprehensive focus on our clients makes 'Pay As You Go' Workers' Compensation insurance a natural extension of our services. Less uncertainty allows our clients to be more efficient and to better plan their businesses' cash flow throughout the year," explained Ed Gettings, Unicorn's Senior Vice President of Operations.

For more information about Unicorn HRO®'s "Pay As You Go" Workers' Compensation insurance program, contact:

Charles Amsterdam – (973)360-5920 or camsterdam@unicornhro.com.

ABOUT UNICORN HRO®

Founded in 1982 and headquartered in Florham Park, N.J., Unicorn HRO® specializes in fully integrated benefits, payroll and human resources solutions. With industry-leading client retention, Unicorn HRO® currently services the HR needs of more than 900 domestic and international companies representing over one million employees. Unicorn HRO® has offices in Raleigh, N.C., Seattle, Wash., Houston and Dallas, Texas. For more information, visit www.unicornhro.com/workers-comp.html.

SOURCE Unicorn HRO



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