Florida Workers Comp Specific
Find the latest information and rates about the class codes on your workers compensations insurance policy. These are used to categorize your employees by job duty.
Class code 2881 is used for employees that assemble furniture parts from outside sources such as tabletops. Finishing work such as trimming, sanding, polishing and painting may fall under this code, but risks classified in this code do not include extensive machine processing. This code also applies to assembling metal, wood, or plastic Venetian blinds when the parts are received from others. Cutting of slats, ribbon stock, rails or comices, and drilling holes is also included. Assembling slack cooperage and tight cooperage is included in Code 2881. The assembly of complete kegs, casks, barrels, tubs and tobacco hogsheads, and collapsible hogshead units also apply. For slack cooperage, finished staves received from stock manufacturers are placed in a setting-up form and dried over a heat source. Then, a bending press forces the staves together. Hoopers and trimmers fit hoops and trim up the staves and a crozer cuts the bevel and groove to fit the head, which are put into position, allowing the last hoops to be forced into place.
Tight cooperage follows similar operations, but require greater skill and more elaborate machinery. Tight cooperage is also sent through steamers to gain a closer fit before being windlassed. Tight barrels are inserted in a lathe, turned against a smoothing plant to obtain a better finish. Testing exists as the final operation; leaks should be repaired.
Class code 2881 applies to employees manufacturing precut clocks as well as those assembling wood plaques and trophies or picture frames from premanufactured parts received from others. Both insureds may use resin in the manufacturing process. This code also includes hand assembling of parts or signs manufactured by others and finishing. Code 2881 also pertains to the manufacture of wooden signs without the use of power machinery or without painting the signs.
The Codes 2881, 2883 and 2735 must not be assigned to the same risk unless the operations described by these classifications are conducted as separate and distinct businesses. Generally, Code 2881 primarily applies to assembly operations of premanufactured parts received from others. Wooden coffin or casket manufacturers exist as an exception.
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2021 Rate: Click Here
2020 Rate: $3.65
2019 Rate: $4.03
Each workers' compensation class code in Florida has a unique rate assigned to it based on the likelihood of workplace injuries for the group of employees throughout the state that are assigned to that class code. Click this link for more information about the ratemaking process. The rates used in Florida workers comp insurance are adjusted annually by the Florida Office of Insurance Regulation.
The 2020 rate for class code 2881 is 3.65 dollars for every 100 dollars of remuneration.
Despite the manual rates being set by the Florida government for workers comp class codes, there are still ways that employers can lower their overall workers compensation costs and total premium. Our insurance agents would like the opportunity to discuss these premium discounts and other cost savings measures with your business. Contact us today to receive competitive quotes for your business.
*This description of class code 2881 is a summary of the official description from NCCI that should be used for determining the correct application of a classification code for a Florida business and the groups of employees in that business. This short summary is provided as a courtesy for assisting FloridaWC's clients and potential clients in educating them about the most commonly used class codes in Florida that could be applied to their business operations. For more information about a class code, please use the contact form links below to request the official class codes descriptions from one of our insurance agents.
Florida Workers Comp Specific
2022 Florida Workers Comp Rates
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Workers compensation rates change each year. Find out whether the rates for your class codes are increasing or decreasing from last year.
The manual rates are issued by the Florida Office of Insurance Regulation after being analyzed by the National Council on Compensation Insurance (NCCI).