Workers comp rates for code 2714: Wood Turning
NCCI class code 2714 covers Wood Turning in the manufacturing industry. The median rate across 19 states is $2.24 per $100 payroll. Rates range from $0.900 in Utah to $5.25 in Hawaii.
Also known as: Wood Lathe Operations
Most expensive 5 states
- Hawaii $5.25
- Illinois $4.57
- New York $4.11
- Nevada $3.18
- Rhode Island $2.80
Code 2714 rates in all 19 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Utah | 2714 | $0.900 | 5% | view |
| Kentucky | 2714 | $1.52 | 11% | view |
| Virginia | 2714 | $1.55 | 16% | view |
| Oregon | 2714 | $1.70 | 21% | view |
| Kansas | 2714 | $1.80 | 26% | view |
| Tennessee | 2714 | $1.81 | 32% | view |
| Maryland | 2714 | $1.88 | 37% | view |
| Alabama | 2714 | $2.02 | 42% | view |
| Minnesota | 2714 | $2.11 | 47% | view |
| Louisiana | 2714 | $2.24 | 53% | view |
| Arkansas | 2714 | $2.43 | 58% | view |
| Indiana | 2714 | $2.46 | 63% | view |
| Oklahoma | 2714 | $2.49 | 68% | view |
| Alaska | 2714 | $2.67 | 74% | view |
| Rhode Island | 2714 | $2.80 | 79% | view |
| Nevada | 2714 | $3.18 | 84% | view |
| New York | 2714 | $4.11 | 89% | view |
| Illinois | 2714 | $4.57 | 95% | view |
| Hawaii | 2714 | $5.25 | 100% | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2714
What occupation is NCCI class code 2714?
Class code 2714 is "Wood Turning" (also known as Wood Lathe Operations), in the manufacturing industry. The code is filed in 19 states.
What is the average workers comp rate for code 2714?
The median rate across 19 states is $2.24 per $100 of payroll, ranging from $0.900 (Utah) to $5.25 (Hawaii).
Why does code 2714 cost more in some states than others?
Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.