Question 1

How much does workers' comp cost for Iron or Steel Erection - NOC in North Carolina?

Accepted Answer

The current rate for Iron or Steel Erection - NOC (Class Code 5057) in North Carolina is $16.22 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $8110 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 Iron or Steel Erection - NOC is $16.22, which is $2.20 below the national average of $18.42 (-12%).

Question 4

What does class code 5057 cover?

Accepted Answer

Covers miscellaneous iron and steel erection work not otherwise classified.

State	Rate per $100	Difference
North Carolina (current)	$16.22	—
Indiana	$13.46	-2.76
Texas	$14.15	-2.07
Virginia	$14.32	-1.90
Utah	$14.66	-1.56
Arkansas	$15.18	-1.04

Workers' Comp Rate for Iron or Steel Erection - NOC in North Carolina (Class Code 5057)

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