Tax Incentives

Workers Compensation Rates

North Dakota has a state office for Workforce Safety and Insurance, the sole provider and administrator of worker�s compensation coverage.� Insurance is financed entirely through employer premiums.� A company�s premium is determined by applying the rate for a job classification to the amount of taxable payroll in that classification.

The maximum taxable payroll for each employee is capped at 70 percent of the state�s average annual wage.� The current cap is $20,300 (July 1, 2006).

Companies may also be eligible for discounts on their premium based on the company�s �experience rating� or approved safety incentive program participation.

Workers Compensation Rate Examples as of July 1, 2006.
(2006 Wage Cap is $20,300)