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OCMI Workers Comp Ranks No. 4727 on the 2023 Inc. 5000 Among America's Fastest-Growing Private Companies

HR Tech Outlook | Tuesday, September 12, 2023

With Three-Year Revenue Growth of 84% Percent, OCMI Workers Comp Ranks No. 4727

DANIA BEACH - OCMI Workers Comp ranks No. 4727 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

"We aim to streamline small business management by offering P.E.O. specialized programs that grant easy access to workers' compensation insurance, payroll services, and comprehensive HR management."

The Inc. 5000 class of 2023 showcases businesses that have achieved rapid revenue growth while successfully navigating challenges such as inflationary pressures, increased capital costs, and persistent difficulties in hiring talent. Among the top 500 companies on this year's list, the average median three-year revenue growth rate has surged to an impressive 2,238 percent. Collectively, the Inc. 5000 companies for this year have contributed 1,187,266 job opportunities to the economy in the past three years.

For comprehensive information on the Inc. 5000, including company profiles and an interactive database that allows sorting by industry, location, and other criteria, please visit www.inc.com/inc5000. You can find the top 500 companies featured in the September issue of Inc. magazine, available at newsstands starting from Tuesday, August 23.

"Running a business has only gotten harder since the end of the pandemic," says Inc. editor-in-chief Scott Omelianuk. "To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future."

"Understanding our clients' business needs is paramount to our success. My experience as a commercial contractor revealed the insurance, payroll, and HR challenges in construction companies. We focus on easing these burdens, especially for small businesses in blue-collar industries. Our goal is to ensure no one loses their business due to a lack of workers' comp," explained Oscar Montenegro, Founder and CEO of OCMI Workers Comp.

At OCMI, we provide innovative Pay-As-You-Go PEO Programs as an alternative to traditional Workers' Compensation plans in Florida. Collaborating with us empowers you by offering control, transparency, cost-effectiveness, and risk management. Leveraging our expertise and cutting-edge technology, we tailor solutions to your specific requirements, enabling you to focus on the growth of your business. OCMI Workers Comp offers a diverse range of over 100 unique programs, eliminating the need for deposits, audits, and unnecessary complexities. Our "pay-for-what-you-use" approach ensures that you only pay for the coverage you truly need. It's important to note that Workers' Compensation insurance is not only a sound business decision but also a legal requirement. Understanding that not all business owners have immediate access to lump sum payments, our flexible programs help alleviate this financial burden on your business.