We had one of our best years in 2022, but if we hadn’t switched to Hourly, it would have felt like one of our worst.
R&R Specialties grew rapidly from its early days–when it was just owners Roy and Rita Gonzales–to a company with 50+ employees.
To support all that exciting growth, Roy and Rita turned to Hourly to seamlessly connect their payroll with their workers’ comp policy. Now, when they hire new people, their premiums adjust automatically.
“Our recent workers' comp policy estimate was $54,042. But business boomed in 2022, ballooning our payroll as we hired new employees to meet demand,” Roy said.
At the end of the year, R&R Specialties’ actual workers’ comp premium was $134,857—almost 2.5x more than initially estimated.
The discrepancy between the estimated and actual premiums means they would have gotten hit with an $80,815 audit bill. Their final workers’ comp audit bill with Hourly? $237.
Hourly’s pay-as-you-go workers' compensation can calculate the final premium audit with unparalleled accuracy. We use real-time data to compute premium payments on the go, so businesses never overpay. Another benefit the Gonzaleses love since moving to Hourly? Accurate labor costing.
“With Hourly, we can see exactly how much we’re spending on all our team members in real-time. That way, we can bid more accurately on jobs–and grow even more. We brought in 30 new projects last year alone. That’s nearly double what we did the year before,” Rita said.
As R&R tackles all the new projects coming their way, they lean on Hourly to save time running payroll. “Hourly makes it so fast and easy to pay employees that I was able to run payroll even shortly after giving birth,” shared Rita and Roy’s daughter, Mariah, who manages HR and payroll for the family business. What used to be a day-long affair involving the whole family is now done in minutes from a phone. Want to see how much you could save by switching to Hourly? Book a 15-minute call and find out.
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