Question 1

How much does workers' comp cost for Advertising Agency in New York?

Accepted Answer

The current rate for Advertising Agency (Class Code 8862) in New York is $0.32 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $160 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New York?

Accepted Answer

Yes, workers' compensation insurance is mandatory in New York for all employers with at least one employee.

Question 3

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

Accepted Answer

New York's rate for Advertising Agency is $0.32, which is $0.09 above the national average of $0.23 (+39%).

Question 4

What does class code 8862 cover?

Accepted Answer

Covers employees of advertising agencies performing creative design, media buying, and campaign management.

State	Rate per $100	Difference
New York (current)	$0.32	—
Indiana	$0.17	-0.15
Texas	$0.18	-0.14
Virginia	$0.18	-0.14
Arkansas	$0.19	-0.13
Utah	$0.19	-0.13

Workers' Comp Rate for Advertising Agency in New York (Class Code 8862)

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