What is the total workers compensation for a contractor with various payrolls and a safety discount of 5%?

The total workers' compensation for a contractor is calculated based on the total payroll, the specific rates assigned to different types of work, and any applicable safety discounts. In this scenario, the contractor has various payrolls, which implies that they have multiple classifications of work, each possibly with different insurance rates.

A safety discount of 5% indicates that there is an effort made to prioritize a safe working environment and possibly a history of fewer claims. However, the overall expense still heavily relies on the total payroll amount and the rates assigned before the discount. If the contractor's total payroll is substantial and the pre-discount rates are relatively high, even a 5% discount may not reduce the total workers' compensation premium below certain thresholds.

Given these considerations, it is reasonable to conclude that the contractor's total workers' compensation cost could very well exceed $2000. This acknowledges that for many contracting businesses, especially those with diverse payroll situations, premiums can scale significantly, reflecting the risks involved in various types of work. The accurate evaluation of the overall payrolls and industry-specific rates points toward a higher total, supporting the conclusion that it falls into the category of more than $2000.