Home > Workmens Compensation > What a Feeding Frenzy for Auditors

What a Feeding Frenzy for Auditors

When I was working for the Department, if a building trade’s person was licensed and bonded, he was independent. Not true today. The worst part is when a contractor had no idea he was an ‘unregistered employer’. The penalties are severe since most workers’ compensation funds are underfunded because pre-2005 building premiums are just not there anymore. The average assessment is between $10,000 and $12,000.

Find a competent classification audit reviewer each year to keep up with the changes in federal and state compliance workers’ compensation reporting. You will stay in business much longer.

For more information, contact Ted Carlson, CFE at WKRcomp LLC in Seattle at 425.956.3677

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