Electrical Instrument Manufacturing workers comp rate in Oklahoma
The filed workers comp rate for class code 3685 (Electrical Instrument Manufacturing) in Oklahoma is $0.490 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $2,450 in base premium.
Source quote
"CLASS CODE 3685 LOSS COST 0.49"
From National Council on Compensation, effective 2024-06-01.
FAQ
What is the workers comp rate for code 3685 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 3685 (Electrical Instrument Manufacturing) in Oklahoma is $0.490 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 3685 on $500,000 of payroll?
At $0.490 per $100, $500,000 of payroll yields a base premium of $2,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3685?
UT has the cheapest filed rate for code 3685 ($0.160) and NJ the highest ($1.29). Oklahoma sits at the 52th percentile across 21 peer states.