- A payroll limitation is applied to the actual weekly payroll per employee in each of the eligible construction classification codes.
- A limitation on the maximum amount of payroll for certain work classifications and in certain state jurisdictions for purposes of premium and/or assessment calculations.New York: https://www.nycirb.org/payroll.php
- As of July 2020, the cap in New York is set at $1,450.17 per employee per week.
- Typically, the estimated limited payroll would be about 75% of the estimated Workers’ Compensation payroll.
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