To give you an example, Carpenters that are being paid less than $32 /hour are going to be close to $30 for every $100 in payroll. That’s a hefty additional expense to an employer. Office jobs in the clerical occupation are less than $1 for every $100 of payroll.
* in General Contracting, the higher you pay your employees the lower the WC insurance premium. Carpenters making over $32 an hour are going to cost you $15 per $100 in payroll.
When you get your next Workers Compensation renewal, remember that the main reason for the rate increase is the growing cost of health care.
Give us a call or fill out the Workers Compensation quote request form so that we can make sure that you are paying the least amount possible for this growing business expense.