Question 1

How much does workers' comp cost for Architect or Engineer - Consulting in New Mexico?

Accepted Answer

The current rate for Architect or Engineer - Consulting (Class Code 8861) in New Mexico is $0.39 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $195 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New Mexico?

Accepted Answer

Yes, workers' compensation insurance is mandatory in New Mexico for employers with 3 or more employees.

Question 3

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

Accepted Answer

New Mexico's rate for Architect or Engineer - Consulting is $0.39, which is $0.04 below the national average of $0.43 (-9%).

Question 4

What does class code 8861 cover?

Accepted Answer

Covers consulting architects and engineers performing design, planning, and project oversight.

State	Rate per $100	Difference
New Mexico (current)	$0.39	—
Indiana	$0.31	-0.08
Texas	$0.33	-0.06
Virginia	$0.33	-0.06
Utah	$0.34	-0.05
Arkansas	$0.35	-0.04

Workers' Comp Rate for Architect or Engineer - Consulting in New Mexico (Class Code 8861)

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