Why is the Workers Compensation Code Required?
The National Council on Compensation Insurance (NCCI) is a U.S. Insurance Rating and Data Collection Bureau that specializes in workers’ compensation. NCCI class codes are 4-digit numerical codes that insurers use to classify employee exposure to risk.
By requiring NCCI codes for all Commonwealth employees, the Office of Workers’ Compensation can accurately assess risk profiles and calculate premiums for all agencies. This enhanced understanding of risk exposures will aid the Commonwealth’s actuaries in premium calculations.
A list of valid Workers Compensation Codes values is available at https://www.dhrm.virginia.gov/hr-partners/workers-compensation-hr-resources/payrollcodes
Why is the US Standard Occupation Classification Code Required?
Leveraging Job Code and US SOC Code information, DHRM gains valuable insights into market salary data for Commonwealth positions. Requiring these codes will further enhance DHRM’s ability to gather, analyze, and share comprehensive salary data, providing a deeper understanding of market trends and supporting informed compensation decisions.
A list of valid US SOC Codes is available in the HR351_Overview of US SOC and Job Code Combinations job aid (excel) posted on the Cardinal website > Learning > Job Aids for agency use.
Take Action: Verify and Correct Position Data in Cardinal
To ensure accurate position data in Cardinal, all agencies should review and correct any missing or inaccurate values for applicable positions prior to Tuesday, January 16, 2024. The V_HR_POSITION_DATA_QUERY or can be used to verify data accuracy. Agencies that do not use the Cardinal HR006 Position Data Interface can make corrections online, or for large volumes, utilize the HR411_Position Data Mass Upload. Click the below to access job aids for applicable support.
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