Question 1

How much does workers' comp cost for Department Store - Retail in Mississippi?

Accepted Answer

The current rate for Department Store - Retail (Class Code 8039) in Mississippi is $1.94 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $970 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Mississippi?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Mississippi for employers with 5 or more employees.

Question 3

How does Mississippi's rate compare to other states?

Accepted Answer

Mississippi's rate for Department Store - Retail is $1.94, which is $0.19 below the national average of $2.13 (-9%).

Question 4

What does class code 8039 cover?

Accepted Answer

Covers all employees of department stores including sales, stocking, and customer service.

State	Rate per $100	Difference
Mississippi (current)	$1.94	—
Indiana	$1.56	-0.38
Texas	$1.64	-0.30
Virginia	$1.66	-0.28
Utah	$1.70	-0.24
Arkansas	$1.76	-0.18

Workers' Comp Rate for Department Store - Retail in Mississippi (Class Code 8039)

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