Understanding NY Workers Compensation Premium Audit
Posted: July 21, 2020
Your premium is determined by your payroll. The rate is different for each class of employees. Higher hazard classifications such as roofers will have a higher rate per $100 of payroll than a lower hazard clerical employee. But this is not the only concern. What about any 1099 employees or subcontractors you hire? Subcontractors must be covered by Workers’ Compensation insurance. If your...
