Question 1

How much does workers' comp cost for Cabinet/Wood Products Manufacturing in New Jersey?

Accepted Answer

The current rate for Cabinet/Wood Products Manufacturing (Class Code 2812) in New Jersey is $8.13 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4065 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New Jersey?

Accepted Answer

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

Question 3

How does New Jersey's rate compare to other states?

Accepted Answer

New Jersey's rate for Cabinet/Wood Products Manufacturing is $8.13, which is $1.46 above the national average of $6.67 (+22%).

Question 4

What does class code 2812 cover?

Accepted Answer

Covers workers manufacturing cabinets, wood furniture components, and other wood products in a shop setting.

State	Rate per $100	Difference
New Jersey (current)	$8.13	—
Indiana	$4.88	-3.25
Texas	$5.13	-3.00
Virginia	$5.19	-2.94
Utah	$5.31	-2.82
Arkansas	$5.50	-2.63

Workers' Comp Rate for Cabinet/Wood Products Manufacturing in New Jersey (Class Code 2812)

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