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FairWorkMate

Workers Comp Premium Estimator (NSW)

Estimate your NSW workers compensation premium from your industry classification (WIC) rate and annual wages, using current icare rates for 523 industries.

Last verified: 15 July 2026

Filters the 523 NSW industry classifications (WICs).

Pick the classification matching your main business activity — it sets your premium rate.

$

Total gross wages you expect to pay this policy year (exclude apprentice wages — they're premium-exempt).

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Free alerts when minimum wage, award rates, or workplace laws are updated.

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General information and estimates only — not legal, financial or tax advice. Always check your specific award, agreement or contract, or a qualified professional, before you rely on the result.

Recommended partners

Free tools surface the issue. Our partners help you solve it.

Authorised Employment Hero Partner

Employment Hero

Australian HR, payroll, rostering and award interpretation in one platform. Used by 300,000+ businesses. Fixes the underlying payroll/compliance issues our calculators surface.

Best for: SMEs that have outgrown spreadsheet payroll or want automated award interpretation.

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HR support partner

Liquid HR

Senior, hands-on HR support for your toughest workforce challenges — performance and conduct, grievances and mediation, redundancy and change. Liquid HR picks up where the technology ends.

Best for: employers and individuals who need a human HR professional to guide a workplace situation, not just a calculator.

Talk to Liquid HR

IT, Microsoft & cyber partner

Frontrow Tech

Microsoft 365, Copilot rollouts, Essential Eight, Privacy Act 2026 and board-level cyber compliance for Australian SMBs. Where pay and HR end, your data and IT obligations begin.

Best for: SMBs running on Microsoft 365, anyone hitting cyber/privacy compliance, boards wanting an outside read on IT risk.

See Frontrow

Recommended partners — we only recommend partners we've vetted as a good fit for Australian workplaces. Some partnerships help fund the free tools on this site.