In California the payroll of Corporate Officers is subject to maximums and minimums for annual Workers’ Comp premium calculation.  Here are the figures for the last three years:2018Maximum: $128,700Minimum:  $50,7002017Maximum: $122,200Minimum:  $48,1002016Maximum: $117,000Minimum:  $45,500The purpose of the maximums is to shield high earners from punitive premium charges which would result from a year where the bonuses where exceptionally high.  In such years, the exposure to loss doesn’t change and yet the income and therefore the premium would change dramatically in a year of high bonuses.On the other end of the spectrum, a minimum is charged even if the officer doesn’t receive any payroll, for example  in a year when cash flow might be a little tight and the “owner” /officer decides to take no salary.  Again, the exposure to loss doesn’t change, as he/she works the same hours and pays less premium for the equally hazardous exposure.