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Workmans Comp

Discussion in 'Business Operations' started by Kingram10, Aug 30, 2006.

  1. Kingram10

    Kingram10 LawnSite Member
    from Arizona
    Messages: 53

    So far I have been working solo ,but if the buis keeps growing I may need to hire someone.What does it cost a month for workman's comp insurance .
    Also whats is the starting pay for hired help?
     
  2. rodfather

    rodfather LawnSite Fanatic
    Messages: 9,501

    WC rates go by state and classification/category of work.

    Labor rates for hired help are even more fluctual by state.
     
  3. Kingram10

    Kingram10 LawnSite Member
    from Arizona
    Messages: 53

    Thanks for the reply but that is real vague.Lets try NJ and the type of work would be lawncare/Landscaping.
     
  4. olderthandirt

    olderthandirt LawnSite Platinum Member
    from here
    Messages: 4,899

    Why not try Arizona? I saved you the trouble of looking it up, just fill in the blanks and get your cost.

    http://www.workerscompensation.com/insurance/ins_info.php

    What ever you decide it to be, and can find someone willing to work for that amount
     
  5. Kingram10

    Kingram10 LawnSite Member
    from Arizona
    Messages: 53

    thanks ,I may need to use that in the future. How about a average hourly amount, I'm guessing $8.00 a hr.
     
  6. 6'7 330

    6'7 330 LawnSite Bronze Member
    Messages: 1,821

    Sure if you can get good LEGAL help to work for 8 bucks an hour. We start laborers out at 15 an hour.

    Other employer related responsibilities and regulatory bodies to look into, you're state department of employment security, aka unemployment.

    Get a FEIN number from the IRS, if you're state has a state income tax, get set up with the state boys. A good accountant would be you're best bet when you decide to hire employee's, he can set you up with all the gov. agency's,both fed and state.
     

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