Real Payroll, Automatic Deductions

NJM Precision Pay

Pay Your Premium as You Go

NJM Precision Pay offers policyholders a “pay‑as-you-go” workers’ compensation solution.* The program enables businesses to pay their premiums based on actual payroll, rather than estimates.

Customer Benefits

NJM Precision Pay will help improve your cash management and reduce unfavorable audits. There's no down payment and deductions are automatic using secure, state-of-the-art encryption. Get started with NJM Precision Pay by calling 1-800-232-6600, ext. 8352.

Guidance
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NJM Precision Pay FAQs*
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NJM Precision Pay Brochure
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Controlling Costs

* NJM has partnered with a third party to provide the NJM Precision Pay program. Enrollment and participation in the program may be subject to our third-party partner’s terms, conditions, and fees.