Question 1

How much does workers' comp cost for Accountant - CPA in South Carolina?

Accepted Answer

The current rate for Accountant - CPA (Class Code 8823) in South Carolina is $0.18 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $90 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in South Carolina?

Accepted Answer

Yes, workers' compensation insurance is mandatory in South Carolina for employers with 4 or more employees.

Question 3

How does South Carolina's rate compare to other states?

Accepted Answer

South Carolina's rate for Accountant - CPA is $0.18, which is $0.01 below the national average of $0.19 (-5%).

Question 4

What does class code 8823 cover?

Accepted Answer

Covers certified public accountants and staff performing auditing, tax preparation, and financial advisory services.

State	Rate per $100	Difference
South Carolina (current)	$0.18	—
Indiana	$0.14	-0.04
Texas	$0.15	-0.03
Utah	$0.15	-0.03
Virginia	$0.15	-0.03
Arkansas	$0.16	-0.02

Workers' Comp Rate for Accountant - CPA in South Carolina (Class Code 8823)

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