Madison College: More Programs. More Options. Expand your future at Madison Area Technical College: Choose from more than 150 programs and certificates for job and career training or continuing education. 1  Complete a two-year associate's degree for top jobs and the best career paths.
Answer Wiki. The cost of Workers Compensation insurance varies tremendously, depending on your industry and location. For a tree trimmer, welder or road construction worker, the cost could be $15 per $100 in payroll, or higher. On the other hand, a banker, architect or attorney could pay under $0.25 per $100.
All states require that you purchase workers' compensation insurance once you have someone on payroll. Rates vary by state, but a 2014 report [PDF] from the state of Oregon noted that the median rate is around $1.85 per $100 of payroll, or 1.85 percent of an employeeâs salary. If youâre in California, you could pay up to 3.5 percent of total wages to cover workers' compensation.