A franchise owner of a popular fast-casual restaurant with 50 locations recently partnered with Premium Recovery Experts to review past workers’ comp audits. With a high volume of hourly employees and fluctuating payroll, workers’ comp premiums were a significant expense. What we found was a costly but common mistake: incorrect overtime calculations.

Workers’ comp premiums are based on payroll, but not all wages are treated equally. Overtime should be discounted to its base pay rate before being factored into premium calculations. However, this franchisee’s insurance provider mistakenly included full overtime earnings in their calculations, leading to inflated premiums across multiple locations.

After a thorough audit, we uncovered $22,000 in overpaid premiums. The best part? This refund was secured without switching carriers, brokers, or policies, and the franchisee barely had to lift a finger.

With a 75% success rate, we specialize in identifying these hidden errors and recovering funds for businesses like yours. If you own or manage a business with hourly employees, let’s review your past seven years of audits. You could have found money waiting to be recovered.