Question 1

How much does workers' comp cost for Executive Recruiting in New Jersey?

Accepted Answer

The current rate for Executive Recruiting (Class Code 8809) in New Jersey is $0.26 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $130 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 Executive Recruiting is $0.26, which is $0.05 above the national average of $0.21 (+24%).

Question 4

What does class code 8809 cover?

Accepted Answer

Covers employees of executive recruiting and headhunting firms performing candidate sourcing and placement.

State	Rate per $100	Difference
New Jersey (current)	$0.26	—
Indiana	$0.16	-0.10
Texas	$0.16	-0.10
Utah	$0.17	-0.09
Virginia	$0.17	-0.09
Arizona	$0.18	-0.08

Workers' Comp Rate for Executive Recruiting in New Jersey (Class Code 8809)

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