Millwright, installation/erection of machinery workers comp rate in Oregon
The filed workers comp rate for class code 3724 (Millwright, installation/erection of machinery) in Oregon is $1.50 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,500 in base premium.
Source quote
"CLASS CODE 3724 LOSS COST 1.50"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3724 in Oregon?
The filed workers comp loss cost / rate for NCCI class code 3724 (Millwright, installation/erection of machinery) in Oregon is $1.50 per $100 of payroll, effective 2024-01-01.
How much would I pay in Oregon for code 3724 on $500,000 of payroll?
At $1.50 per $100, $500,000 of payroll yields a base premium of $7,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3724?
UT has the cheapest filed rate for code 3724 ($0.590) and NJ the highest ($5.87). Oregon sits at the 27th percentile across 22 peer states.