Virginia offers worker’s compensation rates that are lower than competing states in the Southeast and below the national average. Low worker’s compensation rates are just one of the cost advantages for employers in the Roanoke Region of Virginia.

Worker's Compensation Rates by Classification

 VirginiaNorth CarolinaSouth CarolinaUnited States
Machine Shop$2.83$3.91$4.62$4.08
Source: Oregion Worker’s Compensation Premium Rate Ranking Report, 2016.

Unemployment Insurance Rates

 VirginiaNorth CarolinaSouth CarolinaUnited States
UI Tax Rate0.28%0.42%0.61%0.59%
UI Tax Per Employee$125$219$247$159
Source: VEDP and Average Employer Contribution Rates by State, Employment and Training Administration, U.S. Department of Labor, 2017.