Question 1

How much does workers' comp cost for Bakery in Tennessee?

Accepted Answer

The current rate for Bakery (Class Code 2003) in Tennessee is $3.19 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1595 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Tennessee?

Accepted Answer

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

Question 3

How does Tennessee's rate compare to other states?

Accepted Answer

Tennessee's rate for Bakery is $3.19, which is $0.55 below the national average of $3.74 (-15%).

Question 4

What does class code 2003 cover?

Accepted Answer

Covers workers in commercial bakeries producing bread, pastries, cakes, and other baked goods.

State	Rate per $100	Difference
Tennessee (current)	$3.19	—
Indiana	$2.73	-0.46
Texas	$2.87	-0.32
Virginia	$2.91	-0.28
Utah	$2.98	-0.21
Arkansas	$3.08	-0.11

Workers' Comp Rate for Bakery in Tennessee (Class Code 2003)

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