Question 1

How much does workers' comp cost for College or University - Professional Employees in Michigan?

Accepted Answer

The current rate for College or University - Professional Employees (Class Code 8868) in Michigan is $0.50 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $250 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Michigan?

Accepted Answer

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

Question 3

How does Michigan's rate compare to other states?

Accepted Answer

Michigan's rate for College or University - Professional Employees is $0.50, which is $0.02 above the national average of $0.48 (+4%).

Question 4

What does class code 8868 cover?

Accepted Answer

Covers college and university professional employees including professors, researchers, and academic staff.

State	Rate per $100	Difference
Michigan (current)	$0.50	—
Indiana	$0.35	-0.15
Texas	$0.37	-0.13
Virginia	$0.37	-0.13
Utah	$0.38	-0.12
Arkansas	$0.40	-0.10

Workers' Comp Rate for College or University - Professional Employees in Michigan (Class Code 8868)

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