Below is a list of frequently asked questions about NJM Precision Pay
NJM Precision Pay is our “Pay-As-You-Go” billing option for workers’ compensation policies that allows businesses to tie premium payments directly to their actual payroll.
NJM Precision Pay allows businesses to pay their workers’ compensation premium in real-time as they run their payroll. NJM Precision Pay offers two payroll reporting options. Businesses can:
Setting up NJM Precision Pay is easy. All you need to do is provide a few simple pieces of information and you’re ready to go!
Benefits to businesses include:
NJM Precision Pay is a free billing option available to select NJM workers’ compensation policyholders.
NJM is committed to protecting customers’ personal information. All data is transferred via a secure transmission with industry‑standard SSL encryption to prevent unauthorized users from accessing your information.