New Workmans Compensation Codes can be added by going to Employees → Workmans Comp Codes. This screen allows you to enter multiple Workmans Comp codes that determine how the insurance premium is calculated on the Workmans Compensation report.
To add a new code, click the Add New button and add codes you will need.
- Code – Enter a worker’s comp code.
- Description – Enter a description.
- Rate – Enter the correct rate for this code.
- Active – Default is active. To make the workman’s comp code inactive, remove the check.
Note: Workman’s Comp in ESC is calculated as a percentage. For example, if you wanted to set up a workman’s comp class 5537 to calculate $6.81 per $100.00 of wages you would enter the code as shown below.