Question 1

How much does workers' comp cost for Leather Goods Manufacturing in Louisiana?

Accepted Answer

The current rate for Leather Goods Manufacturing (Class Code 2586) in Louisiana is $3.75 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1875 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Louisiana?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Louisiana for all employers with at least one employee.

Question 3

How does Louisiana's rate compare to other states?

Accepted Answer

Louisiana's rate for Leather Goods Manufacturing is $3.75, which is $0.55 above the national average of $3.20 (+17%).

Question 4

What does class code 2586 cover?

Accepted Answer

Covers workers manufacturing leather goods such as belts, wallets, handbags, and other leather accessories.

State	Rate per $100	Difference
Louisiana (current)	$3.75	—
Indiana	$2.34	-1.41
Texas	$2.46	-1.29
Virginia	$2.49	-1.26
Utah	$2.55	-1.20
Arkansas	$2.64	-1.11

Workers' Comp Rate for Leather Goods Manufacturing in Louisiana (Class Code 2586)

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