Class Code 8039

Store: Departmental - Retail

Class code 8039 is used for employees that work in a large retail department store. Stores of this type will generally have many different departments, as well as custom house furnishing creation and installation operations. In order to qualify under this classification, three conditions must be met. First, the annual payroll (subject to this classification) must be at least $650,000. Secondly, merchandise handled by employees must include: wearing apparel, linens/domestics, house furnishings (other than furniture), and at least two of the following: furniture, giftware, luggage, cosmetics, sporting goods, toys, greeting cards/stationery, jewelry, and hardware. Finally, the total annual combined sales of wearing apparel, linens/domestics, and house furnishings must exceed 50% of total annual sales (with the total annual sales of wearing apparel, jewelry, and cosmetics not exceeding 80% of total sales).

Operations not covered within the scope of class code 8039 would be any store that does not meet the above three conditions, including dollar stores, five and ten cent stores, discount stores, grocery stores, drug stores, and super or warehouse clubs. In addition, businesses that perform installation, service, or repair (other than basic delivery services) of household appliances, automobile accessories, tires, air conditioners, and vehicles would also be excluded and should be classified separately.

Florida Rates for Class Code 8039

2020 Rate: $1.80

2019 Rate: $2.01

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 8039 is 1.80 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 8039 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.