Class Code 4431

Phonograph Record Manufacturing

Class code 4431 is used for employees that work within a facility that manufacturers and assembles magnetic and optical recording media. This would include both audio and visual products, like cassettes, CD’s, videotapes, DVDs, etc. Employees responsible for cassette and videotape production would likely use a process of polymerization in a clean-room environment. On the other hand, those working to produce CD’s and DVD’s would be using a vacuum evaporation process, along with an injection mold, to create finished goods out of polycarbonate material. Common equipment and materials that are used within this classification include computers, heaters, rollers, presses, cutting machines, die-casting cylinders, polymer, and ferromagnetic materials.

This class code also covers employees that work in the business of manufacturing phonograph records. Exclusions to class code 4431 include any employee whose primary business is engaging in the duplication and replication of prerecorded media, such as motion pictures, videotapes, computer disks, CD’s, or cassette tapes.

Florida Rates for Class Code 4431

2020 Rate: $1.45

2019 Rate: $1.54

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 4431 is 1.45 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.

Other Related Class Codes

*This description of class code 4431 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.