| There is an initial 2-year period of eligibility during which the new employer is charged at the average rate of existing employers in the state in the same business classification on the first $7,000 of each employee's annual wage. Thereafter, the rate is determined by the employer's experience rating based on employer turnover history and the rate can range from 0.1% to 6.2% of the first $7,000 of each employee's annual wage. |
