Question 1

How much does workers' comp cost for Leather Goods Manufacturing in South Carolina?

Accepted Answer

The current rate for Leather Goods Manufacturing (Class Code 2586) in South Carolina is $2.97 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1485 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 Leather Goods Manufacturing is $2.97, which is $0.23 below the national average of $3.20 (-7%).

Question 4

What does class code 2586 cover?

Accepted Answer

Covers workers manufacturing leather goods such as belts, wallets, handbags, and other leather accessories.

State	Rate per $100	Difference
South Carolina (current)	$2.97	—
Indiana	$2.34	-0.63
Texas	$2.46	-0.51
Virginia	$2.49	-0.48
Utah	$2.55	-0.42
Arkansas	$2.64	-0.33

Workers' Comp Rate for Leather Goods Manufacturing in South Carolina (Class Code 2586)

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