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WC Construction Payroll Limit Increasing To $1,757.19

May 22, 2024

The New York Compensation Insurance Rating Board has announced that the maximum payroll for calculating Workers’ Compensation insurance premiums for construction employers will increase to $1,757.19 per week. The change takes effect on July 1^st.

State insurance law requires that the payroll for certain construction classifications be limited to a percentage of the Statewide Average Weekly Wage for the previous calendar year. The adjustment occurs annually on July 1^st.

Read the Board’s announcement

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WC Construction Payroll Limit Increasing To $1,757.19

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