Machinery Manufacturing workers comp rate in New Jersey
The filed workers comp rate for class code 3612 (Machinery Manufacturing) in New Jersey is $2.38 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $11,900 in base premium.
Rate per $100 $2.38
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2025-01-01
vs peers 95%
Confidence HIGH
FAQ
What is the workers comp rate for code 3612 in New Jersey?
The filed workers comp loss cost / rate for NCCI class code 3612 (Machinery Manufacturing) in New Jersey is $2.38 per $100 of payroll, effective 2025-01-01.
How much would I pay in New Jersey for code 3612 on $500,000 of payroll?
At $2.38 per $100, $500,000 of payroll yields a base premium of $11,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3612?
UT has the cheapest filed rate for code 3612 ($0.330) and CA the highest ($2.90). New Jersey sits at the 95th percentile across 22 peer states.