Question 1

How much does workers' comp cost for Building Operation - All Other Employees in New Mexico?

Accepted Answer

The current rate for Building Operation - All Other Employees (Class Code 9015) in New Mexico is $3.04 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1520 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 Building Operation - All Other Employees is $3.04, which is $0.27 below the national average of $3.31 (-8%).

Question 4

What does class code 9015 cover?

Accepted Answer

Covers building operation employees including maintenance workers, custodians, and property managers.

State	Rate per $100	Difference
New Mexico (current)	$3.04	—
Indiana	$2.42	-0.62
Texas	$2.54	-0.50
Virginia	$2.57	-0.47
Utah	$2.64	-0.40
Arkansas	$2.73	-0.31

Workers' Comp Rate for Building Operation - All Other Employees in New Mexico (Class Code 9015)

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