Question 1

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

Accepted Answer

The current rate for Stevedoring (Class Code 7309) in New Jersey is $24.05 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $12025 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 Stevedoring is $24.05, which is $4.30 above the national average of $19.75 (+22%).

Question 4

What does class code 7309 cover?

Accepted Answer

Covers stevedores loading and unloading cargo from ships at ports and marine terminals.

State	Rate per $100	Difference
New Jersey (current)	$24.05	—
Indiana	$14.43	-9.62
Texas	$15.17	-8.88
Virginia	$15.35	-8.70
Utah	$15.73	-8.32
Arkansas	$16.28	-7.77

Workers' Comp Rate for Stevedoring in New Jersey (Class Code 7309)

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