Question 1

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

Accepted Answer

The current rate for Iron or Steel Erection - NOC (Class Code 5057) in Vermont is $19.32 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $9660 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Vermont?

Accepted Answer

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

Question 3

How does Vermont's rate compare to other states?

Accepted Answer

Vermont's rate for Iron or Steel Erection - NOC is $19.32, which is $0.90 above the national average of $18.42 (+5%).

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
Vermont (current)	$19.32	—
Indiana	$13.46	-5.86
Texas	$14.15	-5.17
Virginia	$14.32	-5.00
Utah	$14.66	-4.66
Arkansas	$15.18	-4.14

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

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