Pay-as-you-go workers comp
Pay-as-you-go workers comp calculates premium each payroll run on actual wages instead of an estimated annual premium paid up front.
Traditional workers compensation policies often begin with estimated payroll and reconcile actual payroll and classifications through an audit. Pay-as-you-go billing uses current payroll during the policy term, which can reduce the size of the final adjustment but does not necessarily remove audits, deposits, class-code corrections, or other fees.
This is one of the most concrete cash-flow benefits a PEO offers labor-heavy businesses, and it is also available outside PEOs through many carriers and payroll providers. If pay-as-you-go comp is the main thing attracting you to a PEO, price it standalone first.