Workers comp rates for code 4707: Candle Manufacturing
NCCI class code 4707 covers Candle Manufacturing in the manufacturing industry. The median rate across 1 states is $2.04 per $100 payroll. Rates range from $2.04 in New Jersey to $2.04 in New Jersey.
Also known as: Candle Production
Cheapest 5 states for code 4707
- New Jersey $2.04
Most expensive 5 states
- New Jersey $2.04
Code 4707 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 4707 | $2.04 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 4707
What occupation is NCCI class code 4707?
Class code 4707 is "Candle Manufacturing" (also known as Candle Production), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 4707?
The median rate across 1 states is $2.04 per $100 of payroll, ranging from $2.04 (New Jersey) to $2.04 (New Jersey).
Why does code 4707 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.