Sheet Metal Products Manufacturing workers comp rate in Oregon
The filed workers comp rate for class code 3642 (Sheet Metal Products Manufacturing) in Oregon is $0.740 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $3,700 in base premium.
Source quote
"CLASS CODE 3642 LOSS COST 0.74"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3642 in Oregon?
The filed workers comp loss cost / rate for NCCI class code 3642 (Sheet Metal Products Manufacturing) in Oregon is $0.740 per $100 of payroll, effective 2024-01-01.
How much would I pay in Oregon for code 3642 on $500,000 of payroll?
At $0.740 per $100, $500,000 of payroll yields a base premium of $3,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3642?
UT has the cheapest filed rate for code 3642 ($0.270) and NJ the highest ($2.43). Oregon sits at the 40th percentile across 20 peer states.