NOTE: Some of these may not apply to your state. Check the NCCI or your state’s rating bureau’s rules.
INCLUDED
- Gross wages
- Salaries
- Commissions
- Bonuses
- Vacation
- Holiday pay
- Sick pay
- Piecework
- Allowances
- Straight portion of overtime
- Meals and lodging if provided in lieu of wages
- Market value of gifts
- All substitutes for money earned during the policy period by employees and officers of the employer
- Corporate officers, partners, and LLC members if not excluded by endorsement – subject to a minimum and maximum amount
EXCLUDED
- Excluded officers (by endorsement)
- Sole-proprietors
- Premium portion of overtime
- Meals and lodging if not provided in lieu of wages
- Tips
- Severance Pay
- Employer contributions to group insurance or qualified retirement plans
- Cafeteria plans qualified under Section 125 of Internal Revenue Code (CA only)
- Value of automobiles provided to employees used in the conduct of business
- Fringe benefits paid into an approved fund or 3rd party administrator
- Expense reimbursements that are documented and incurred by the employee in the conduct of the employer’s business
