What is workers compensation class code 9521?
Advertising display installation service
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|Adult day care centers-all other employees
|Adult day care centers-professional employees & clerical
|Advertising co. away from shop
|Advertising display installation service
What are job class codes?
Class codes, also called classification codes or workers’ comp classification codes, are three- or four-digit codes that insurance companies use to estimate rates. Codes are based on the risks associated with each type of work an employee performs.
What is Naics code?
The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.
What does masonry NOC mean?
ALL OPERATIONS TO COMPLETION
5022 MASONRY NOC – ALL OPERATIONS TO COMPLETION.
What is compensation code?
Workers’ compensation class codes identify categories of work to help insurance companies better understand their customers. These codes allow companies to categorize areas of work based on an estimated amount of risk. This allows insurance companies to accurately determine workers’ compensation coverage costs.
What is a workers comp subclass?
Subclass: second set of digits on the Class Code. Nature of Work: listed as the Class Code Description on the rate notice. Composite Rate: the total rate of Employer + Employee. Payroll Deduction: the employee rate used to calculate the amount on your employee’s paycheck.
What is NCCI code?
NCCI Codes. A workers’ compensation class code is a 3 or 4-digit number that insurance underwriters and agents use to identify specific categories of job duties. Being a monopolistic state means the workers compensation system in these states does not recognize coverage purchased in another state.