WSIB rolling out new rate framework

Ontario uses new classifications, prospective approach
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 10/02/2017
WSIB
The offices of the Workplace Safety and Insurance Board (WSIB) in Toronto, which has released policies for consultation until Oct. 13. Credit: Google Street View

After lengthy consultations and negotiations, the Workplace Safety and Insurance Board (WSIB) in Ontario is catching up to other provinces in rolling out a new rate framework that’s set to debut in 2020.

The impetus behind the change was to create a very transparent way of setting rates, and to make it easier and simpler for employers to understand, according to Sean Baird, vice-president of employer services at the WSIB in Toronto.

“Under the old model, there were different experience programs, depending upon how big of an employer you were or what industry you were in. Under the new program, everybody follows the same model, so the rules are the same for everybody, the variables are the same for everyone — it’s much simpler.”