Alaska · National Council on Compensation

Jute & Hemp Spinning & Weaving workers comp rate in Alaska

The filed workers comp rate for class code 2305 (Jute & Hemp Spinning & Weaving) in Alaska is $1.18 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $5,900 in base premium.

Rate per $100 $1.18
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 47%
Confidence HIGH

FAQ

What is the workers comp rate for code 2305 in Alaska?

The filed workers comp loss cost / rate for NCCI class code 2305 (Jute & Hemp Spinning & Weaving) in Alaska is $1.18 per $100 of payroll, effective 2024-01-01.

How much would I pay in Alaska for code 2305 on $500,000 of payroll?

At $1.18 per $100, $500,000 of payroll yields a base premium of $5,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 2305?

UT has the cheapest filed rate for code 2305 ($0.490) and PA the highest ($3.80). Alaska sits at the 47th percentile across 19 peer states.