Tips - National Society of Insurance Premium Auditors

Tips

 

 

 


Tips on How You Can Save Money!
 

  • Have the proper person available to assist the auditor and answer their questions.

  • If you pay overtime to employees, properly summarize overtime paid by individual and class code.

  • Construction companies should maintain payroll records to show time spent in different types of work.

  • The use of subcontractors or independent contractors requires certificates of Worker's Compensation General Liability insurance from each subcontractor or independent contractor.

  • Sales records should show breakdowns for your various products or services.

  • Be sure you identify for the auditor individuals who perform strictly clerical office duties, strictly outside sales duties, draftsmen or strictly drivers.

  • Keep a record of tips declared by restaurant employees.

 


 



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PO Box 936 | Columbus, OH 43216 | nsipa@nsipa.org | 888-846-7472
     
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