Average assessment rate drops from $1.60 to $1.50
The average workers' compensation board (WCB) assessment rate will drop from $1.60 to $1.50 in Manitoba, effective Jan, 1, 2011. The decrease is due in large part to the reduced costs resulting from injury prevention and return to work initiatives, the WCB said.
The rate has held steady at $1.50 since 2008.
The average assessment rate the WCB sets is one of the many factors that determine what an employer pays in premiums, said Doug Sexsmith, president and CEO of Manitoba's WCB.
"The best way for employers to reduce their premiums is to prevent injuries and return injured workers to meaningful work as soon as it's safe to do so, which is what we see happening," he said.
Overall, about 86 per cent of employers will pay lower assessment rates in 2011, while 11 per cent will pay more and three per cent will not see a change.
The rate has held steady at $1.50 since 2008.
The average assessment rate the WCB sets is one of the many factors that determine what an employer pays in premiums, said Doug Sexsmith, president and CEO of Manitoba's WCB.
"The best way for employers to reduce their premiums is to prevent injuries and return injured workers to meaningful work as soon as it's safe to do so, which is what we see happening," he said.
Overall, about 86 per cent of employers will pay lower assessment rates in 2011, while 11 per cent will pay more and three per cent will not see a change.
