Category Archive

No matter what type of restaurant or bar you operate, you need workers compensation insurance to protect your business and your employees. The state system’s for coverage provide workers comp class codes for every business with each industry oftentimes having several categories in which to assign their employees. Workers in New York, New Jersey, Connecticut and Pennsylvania share many of the … Read More

If you’re in the concrete flooring industry, then workers comp class code 5221 probably applies to your operations. Understanding the definition of this classification code will help you assign your workers’ payroll to the right class and avoid any over or underpayment during the course of your policy year. Workers Comp Class Code 5221 The New York Compensation Insurance Rating … Read More

Because every workers comp classification code is assigned based on exposure risk, getting them right can make the difference to your business. That’s because class codes directly affect your workers comp insurance pricing. Use the wrong class code, and you will either pay too much or too little for your coverage. A wrong classification could wind up costing you thousands … Read More

Your business can save plenty on workers comp premiums in New York simply by paying close attention to your class codes. There are many steps NY employers can take to reduce their workers comp premiums; however, the easiest method any business owners can take is to make sure they are using the right job classification codes for their employees. Workers … Read More

In our previous post about the importance of using the right workers comp class codes in New York, we promised a look at three codes that store and warehouse owners often use interchangeably. However, it’s vital that we take a little closer look to see how they differ to make sure that you report payroll in the right one. The … Read More

We talk a lot about NY workers compensation class codes here, and for good reason. Correctly assigning your workers to the right payroll classification code is a vital part of doing business. Any type of misclassification, and you could be out thousands of dollars either by overpayment or underpayment. There’s nothing worse than placing an employee’s payroll in the wrong … Read More

Even without the state mandate for coverage in New York, New Jersey, Pennsylvania and Connecticut, the inherent risk associated with installing and repairing roofs makes workers compensation insurance a must. Workers comp insurance covers the cost of medical expenses and lost wages for employees involved in workplace injuries or accidents. In the event of a lawsuit, this vital coverage handles … Read More