With SIMERP, employers can reduce workers’ comp premiums and payroll taxes while giving employees more benefits — all without changing carriers or reducing take-home pay.
Because workers’ comp premiums are based on gross payroll, the SIMERP structure reduces your payroll basis — lowering workers’ comp costs by as much as 30–40% depending on your state.
👉 What you get: a leaner, more cost-efficient workers’ comp bill.
On average, employers save about $630 per employee, every year, thanks to FICA payroll tax savings. The larger your workforce, the bigger the savings.
👉 What you get: predictable, recurring tax savings that add up quickly.
Savings aren’t the only benefit. By offering guaranteed-issue supplemental coverage and 24/7 telehealth services, you strengthen your employee benefits package — improving morale, boosting retention, and helping attract new talent.
👉 What you get: a competitive edge in hiring and retention.
Download our official SIMERP Program Overview to explore employer savings, compliance, and benefit highlights in one detailed guide.