How will I calculate my payment?

Private employers are required to pay workers’ compensation premiums into the State Insurance Fund. Employers calculate their own premium on a payroll report which BWC sends out twice yearly.

The employer is instructed to report the payroll for the previous 6-month period separating the payroll according to the different manual classifications. (Manual classifications are assigned to each employer based on the job duties reported on the initial coverage application) The payroll report comes to the employer with the manual classifications and the rates already entered. The employer enters the actual payroll for each manual classification, multiplies by the rate assigned to that manual classification, then adds the totals for each and this figure is the premium amount due to BWC.