Discontinued — last reported Q1 '23
Peo — Individual Claims Liability Workers Compensation Insurance
Paychex Peo — Individual Claims Liability Workers Compensation Insurance remained flat by 0.0% to $250.00K in Q1 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $250.00K to $250.00K. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher expected claim costs or a larger volume of individual claims, while a decrease may indicate improved safety outcomes or more favorable claim settlements.
Detailed definition
This metric represents the estimated financial obligation for individual workers' compensation insurance claims within t...
Peer comparison
Comparable to workers' compensation reserve estimates or insurance claim liabilities reported by other PEOs or insurance-heavy service providers.
payx_segment_peo_individual_claims_liability_workers_compensation_insuranceHistorical Data
| FY'22 | FY'23 | |
|---|---|---|
| Value | $1.00M | $1.00M |
| YoY Change | — | +0.0% |
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Frequently Asked Questions
- What is Paychex's peo — individual claims liability workers compensation insurance?
- Paychex (PAYX) reported peo — individual claims liability workers compensation insurance of $250.00K in Q1 2023.
- How has Paychex's peo — individual claims liability workers compensation insurance changed year-over-year?
- Paychex's peo — individual claims liability workers compensation insurance decreased by 0.0% year-over-year, from $250.00K to $250.00K.
- What does peo — individual claims liability workers compensation insurance mean?
- The estimated cost for individual workers' compensation claims that the company is responsible for paying.