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Workers' Compensation Insurance

Class Code 4710

Candle Manufacturing

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Martin Summers

Insurance Agent

Class code 4710 is used for employees working within a facility that manufactures candles, tallow chandlers, sealing wax, and other similar products. Examples of materials used within this classification include beeswax, paraffin, wicks, stearin, and aniline colors, received from others. Duties that are common for employees listed under class code 4710 will be things like heating wax, dipping wicks, molding and cutting to shape, adding of colorants, inspecting, wrapping, and packaging. These may be performed using mechanical machinery or may be done by hand. Decorating of the products may also be included, if required.

Additional products that may be manufactured within the scope of this class code are floor waxes, furniture waxes, shoe polishes, and solid fire starters made of wood fiberboard and paraffin. Ingredients will vary but typically include things such as water, ammonia, paraffin, turpentine, oils, oxalic acid, resins, detergents, and coloring.

Florida Rates for Class Code 4710

2014 Rate: $4.25
2013 Rate: $4.87

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 were increased in 2014 by an average of 6.1% by the Florida Office of Insurance Regulation.

For class code 4710, this rate change resulted in a 14.6% decrease from 2013 to 2014. The 2014 rate for this classification is 4.25 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 4.3% below the 2003 rate of 5.09 dollars.

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.

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