Question 1

How much does workers' comp cost for Research Lab - Analytical in New Jersey?

Accepted Answer

The current rate for Research Lab - Analytical (Class Code 8849) in New Jersey is $1.43 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $715 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 Research Lab - Analytical is $1.43, which is $0.26 above the national average of $1.17 (+22%).

Question 4

What does class code 8849 cover?

Accepted Answer

Covers workers in analytical research laboratories performing testing, analysis, and quality control services.

State	Rate per $100	Difference
New Jersey (current)	$1.43	—
Indiana	$0.86	-0.57
Texas	$0.90	-0.53
Virginia	$0.91	-0.52
Utah	$0.94	-0.49
Arkansas	$0.97	-0.46

Workers' Comp Rate for Research Lab - Analytical in New Jersey (Class Code 8849)

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