Class Code 8808
Banks
Class Code 8808 covers commercial bank branch operations in California where employees perform clerical, teller, customer-service and administrative banking work. The approved pure premium rate for this classification effective September 1, 2026 is $0.411 per $100 of payroll. Understanding this code helps employers assign payroll correctly and manage safety and claims exposure.
What Class Code 8808 Covers
This classification applies to traditional bank branch activities: tellers handling cash transactions, customer-service representatives, loan officers engaged in branch-based lending activities, branch managers who primarily perform administrative and supervisory duties, and clerical staff who process deposits, withdrawals and paperwork. It generally includes inside work at fixed branch locations, back-office processing of financial documents, phone- and counter-based customer service, and routine administrative functions. It does not typically include separately classified work such as armed or unarmed security guard services, armored car drivers, outsourced janitorial/maintenance crews, or construction/renovation labor — those activities have their own WCIRB codes. Payroll for employees who split duties (for example, a manager who also performs maintenance or drives for the bank) should be allocated between the appropriate class codes.
Who It Applies To
- Retail bank branch tellers and vault clerks
- Customer service representatives and account processors
- Loan officers and mortgage processors who work in-branch
- Branch managers and administrative supervisors with office duties
- Back-office clerical staff handling paperwork and records
Common Job Duties
- Processing deposits, withdrawals, transfers and cashiering functions
- Verifying identification, balancing cash drawers and reconciling vaults
- Opening/closing accounts, mortgage and loan paperwork preparation
- Handling phone-based customer inquiries and account research
- Accounting and recordkeeping, data entry and document filing
- Maintaining branch security procedures (panic alarms, surveillance monitoring) and cooperating with loss-prevention protocols
Common Injury Risks
Understanding the $0.411 Rate
The pure premium rate of $0.411 per $100 of payroll is the WCIRB-approved measure of expected claim cost for this classification. Insurers multiply that rate by your payroll (rate/100 × payroll) to calculate the pure premium portion; carriers then add expense loads, state assessments, and apply an employer-specific experience modification to determine the final premium. Final cost is affected by your actual payroll mix, claim history (experience modification), state assessments, and whether some employees or functions are assigned to other, higher- or lower-risk class codes.
Cal/OSHA Compliance Requirements
California employers must maintain an effective Injury and Illness Prevention Program (IIPP) that identifies hazards, trains employees, and documents corrective actions — this is fundamental for bank branches. Additional Cal/OSHA obligations for bank operations include maintaining safe walking-working surfaces, proper emergency egress, first-aid readiness, and hazard communication if the branch uses cleaning chemicals. Because robberies and workplace violence are a realistic hazard for banks, employers should have documented robbery prevention procedures, panic alarm systems, post-incident support and training in de-escalation and emergency response.
How Key HR Helps Employers Under Class Code 8808
As a PEO, Key HR can help banks in this class lower workers' comp costs through accurate payroll classification, centralized claims management, and targeted loss-prevention programs such as robbery response training and ergonomic assessments. We provide return-to-work and light-duty coordination, regular safety audits, and pooled purchasing power that can improve experience modification outcomes and reduce premium volatility for California branches.
Get a QuoteFrequently Asked Questions
Are security guards and armored car drivers covered under 8808?
No. Armed or unarmed security guard services and armored car transport are typically assigned to separate WCIRB class codes. If your branch directly employs guards or armored-service staff, those payrolls should be reported under the appropriate security or transportation class codes.
Do janitors and maintenance staff at a bank fall under 8808?
Not usually. In-house janitorial or maintenance work is often classified under janitorial or building maintenance codes because those tasks carry different risk profiles. Only clerical and administrative branch duties belong in 8808.
What practical steps can reduce our workers' comp costs for bank branches?
Key steps include accurate class code allocation, robust robbery-prevention and workplace violence training, ergonomic workstation setup to reduce repetitive strain, prompt reporting and managed return-to-work programs, and regular safety audits. Partnering with a PEO for claims management and safety coaching will also help contain costs.
Quick Facts
- Class Code
- 8808
- Classification
- Banks
- Pure Premium Rate
- $0.411 / $100 payroll
- Effective Date
- September 1, 2026
- Source
- WCIRB Approved Filing
Manage Workers' Comp Through a PEO
Key HR provides pay-as-you-go workers' comp for California employers — no large deposits, no audits, better rates.
Get a Quoteor call (800) 922-4133Ready to Simplify Workers' Comp for Class Code 8808?
Key HR provides California employers with pay-as-you-go workers' comp, HR compliance support, and payroll — all through one PEO partnership.