Defining W/C Classification Rates

You can use the W/C Classification Rates form to maintain workers’ compensation classification rate information. For example:

Note: Click the Data Import Tool icon (The Data Import Tool icon.) to import W/C rates at the system level. (See the Payroll Administration Guide for more information about using the Global W/C Classification Rates Import Template option to perform this import.)

To define workers’ compensation classification rate information, do the following:

1. Go to the W/C Classification Rates form and complete the following fields:
Field Description
Rate Template Select the Rate Template.
State Select the State.

Effective Date

Enter a new Effective Date for this rate template, or select an existing date from the table at the right.

Input Columns/Enabled

For the Input Columns you need to update, select Enabled.

Search for Class Code

Use the Search for Class Code field if you want to look for a specific code that is already in the table.

Class Code/Gross Rate/Published Rate

For each workers’ compensation classification code:

a. Enter the Class Code that is applicable for this workers’ compensation rate. The Class Description displays.
b. Enter the Gross Rate, which is the workers’ compensation insurance premium’s gross rate as a percentage; for example, enter 1 for $1.00 per $100 wages. (The system applies any modifiers or discounts to this gross rate to calculate the accrual and billing rates.)
c. You can enter the Published Rate for the classification. This rate is only for informational purposes; it is not used to calculate accrual or billing rates.

Note:  The following fields are only used for the state of Washington. Note that W/C is only calculated on the first 160 hours per month in this state.

Field Description
Gross Rate Enter the Gross Rate.

Tax Rate (EE)

Enter the Tax Rate (EE) charged to employees for workers’ compensation.
Tax Rate (ER) Enter the Tax Rate (ER) charged to employers for workers’ compensation.
2. Click Save.