Machine Shop - N.O.C. workers comp rate in New Jersey
The filed workers comp rate for class code 3060 (Machine Shop - N.O.C.) in New Jersey is $4.53 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $22,650 in base premium.
Rate per $100 $4.53
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2025-01-01
vs peers 67%
Confidence HIGH
FAQ
What is the workers comp rate for code 3060 in New Jersey?
The filed workers comp loss cost / rate for NCCI class code 3060 (Machine Shop - N.O.C.) in New Jersey is $4.53 per $100 of payroll, effective 2025-01-01.
How much would I pay in New Jersey for code 3060 on $500,000 of payroll?
At $4.53 per $100, $500,000 of payroll yields a base premium of $22,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3060?
NY has the cheapest filed rate for code 3060 ($3.80) and CA the highest ($7.03). New Jersey sits at the 67th percentile across 3 peer states.