Question 1

How much does workers' comp cost for College or University - Professional Employees in North Carolina?

Accepted Answer

The current rate for College or University - Professional Employees (Class Code 8868) in North Carolina is $0.42 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $210 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in North Carolina?

Accepted Answer

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

Question 3

How does North Carolina's rate compare to other states?

Accepted Answer

North Carolina's rate for College or University - Professional Employees is $0.42, which is $0.06 below the national average of $0.48 (-13%).

Question 4

What does class code 8868 cover?

Accepted Answer

Covers college and university professional employees including professors, researchers, and academic staff.

State	Rate per $100	Difference
North Carolina (current)	$0.42	—
Indiana	$0.35	-0.07
Texas	$0.37	-0.05
Virginia	$0.37	-0.05
Utah	$0.38	-0.04
Arkansas	$0.40	-0.02

Workers' Comp Rate for College or University - Professional Employees in North Carolina (Class Code 8868)

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