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NAICS in MOSES. North American Industry Classification System New as of Build 11.0. SIC. SIC - Standard Industrial Classification Established in the 1930’s Revised periodically, every 8-12 years Last revision 1987. NAICS. NAICS - North American Industry Classification System
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NAICS in MOSES North American Industry Classification System New as of Build 11.0
SIC • SIC - Standard Industrial Classification • Established in the 1930’s • Revised periodically, every 8-12 years • Last revision 1987
NAICS • NAICS - North American Industry Classification System • US, Canada, Mexico share this • Created in late 1990’s • Revisions every 5 years • Last revision 2002
SIC was based on the output of the employer, rather than the process. NAICS groups establishments into industries by their primary process, rather than the output. What Are the Basic Differences?
1987 SIC (1,005) 9 Major Divisions Letter 83 Major Groups 1st 2 digits 420 Industry Groups 1st 3 digits 1,005 Industries All 4 digits NAICS (1,160) 24 Sectors 1st 2 digits 96 Sub-Sectors 1st 3 digits 311 Industry Groups 1st 4 digits 721 NAICS Industries 1st 5 digits 659 National Industry All 6 digits What Are the Basic Differences?
Why Convert to NAICS? • Congress decreed all agencies using federal funds must use the same coding schemes • NAICS for industries • SOC (O*Net) for occupations • CIP for instructional programs
Where Does NAICS Appear in MOSES? • Employer Membership • General Info Tab • Customer Membership • Work History Tab • Employment Services Detail Tab
Selecting a New NAICS Code • Same method for selecting a SIC • Select the top group first • The the next group changes, based on the prior selection • Some codes use all 5 drop down lists (most use just the first 4)
Adding a New NAICS Industry Code • Websites By Design is a new company. • They design and operate web sites for companies that need a presence on the Internet.
Adding NAICS- NAICS , SIC (Direct Conversion) • Trueman College is a small, Private College that is located in Boston
Wrong SIC, No NAICS • Amazon Cleaners is local neighborhood dry cleaning business. • The existing SIC was incorrectly coded in the agriculture area.
Correcting a Converted NAICS • LPS Enterprises Inc. is a job placement agency that charges a fee to employers if they hire one of their clients. • They work mostly in placing professional and technical people.
Converted SIC to Wrong NAICS • Larry Swedis Inc., DBA Larry's Lithuanian Restaurant has an incorrect NAICS code. • They are a retail restaurant that serves fine food to the public.
