cutcomp
28 posts since
Apr 23, 2009
6.
Re: staffing agency Oct 8, 2009 3:55 PM
You will need to get Workers Compensation insurance. In most (but not all) states this is obtained from an insurance company. A few states maintain state funds, either in competition with insurers or, in a few states, a monopoly state fund which is the only source of WC coverage in those states (Ohio, Washington, Wyoming are monopoly states).
Staffing companies generally have to provide the WC on the workers they provide (even if those workers are "independent contractors") so watch out for this trap. Your insurance company might not charge premium up front for those independent contractors, but they can add such charges at the audit that's done at the end of the policy. In most states, you are responsible for Workers Comp for independent contractors if they don't have coverage on their own.