Tag

Workers Compensation

DateTrendCategoryTitleSummary
DataHow to compute labor burden per hour worked, with a $50 wage that costs $70.86Labor burden adds payroll taxes, insurance and benefits to wages. This example turns a $50 wage into $70.86 per hour worked and checks it against BLS.
DataHow to compute your experience mod from the NCCI worksheet, with a $100,000 loss exampleNCCI's experience mod weights claim count above claim size. This example shows ten $10,000 claims pushing a mod above 1.00 where one $100,000 claim does not.