Workers comp rates for code 2981: Hides or Skins Processing
NCCI class code 2981 covers Hides or Skins Processing in the manufacturing industry. The median rate across 1 states is $1.20 per $100 payroll. Rates range from $1.20 in Pennsylvania to $1.20 in Pennsylvania.
Also known as: Hide Processing · Skin Processing
Cheapest 5 states for code 2981
- Pennsylvania $1.20
Most expensive 5 states
- Pennsylvania $1.20
Code 2981 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2981 | $1.20 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2981
What occupation is NCCI class code 2981?
Class code 2981 is "Hides or Skins Processing" (also known as Hide Processing, Skin Processing), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 2981?
The median rate across 1 states is $1.20 per $100 of payroll, ranging from $1.20 (Pennsylvania) to $1.20 (Pennsylvania).
Why does code 2981 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.