Payroll Limitations for Owners and Executive Officers

Total payroll is the most equitable measure of distributing the cost of job related injuries among similar employers.

Payroll Limitations for Owners and Executive Officers

For calculating premium, our rules place an advisory minimum and maximum payroll for executive officers, and beginning for 2012, also for sole proprietors, partners, and limited liability company (LLC) members. 

The limitations apply to the average weekly payroll. The amounts appear in the Basic Manual rate pages, Miscellaneous Values page. Below is a chart showing the amounts for recent years.

OwnerStatusCharge1/1/20201/1/20211/1/2022
Sole Proprietor, Partner, LLC memberexcluded, can opt inFixed (prior to 2012)min/max same as officermin/max same as officermin/max same as officer​​​
Executive Officerincluded (corp officer can opt out)Min Annual$39,000$41,600$44,200
Max Annual2020
$187,200
2021
$197,600
2022 $208,000
Min Week2020
​$750
2021
$800
2022
$850
Max Week2020
$3,600
2021
$3,800
2022 $4,000​