Question 1

How much does workers' comp cost for Iron/Steel - NOC in Nevada?

Accepted Answer

The current rate for Iron/Steel - NOC (Class Code 5069) in Nevada is $21.84 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $10920 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Nevada?

Accepted Answer

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

Question 3

How does Nevada's rate compare to other states?

Accepted Answer

Nevada's rate for Iron/Steel - NOC is $21.84, which is $0.58 below the national average of $22.42 (-3%).

Question 4

What does class code 5069 cover?

Accepted Answer

Covers iron and steel work not otherwise classified, including miscellaneous fabrication and installation tasks.

State	Rate per $100	Difference
Nevada (current)	$21.84	—
Indiana	$16.38	-5.46
Texas	$17.22	-4.62
Virginia	$17.43	-4.41
Utah	$17.85	-3.99
Arkansas	$18.48	-3.36

Workers' Comp Rate for Iron/Steel - NOC in Nevada (Class Code 5069)

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