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WHSCC Employer Assessment Rate Advisory for 2012
Tuesday, November 1, 2011


FOR IMMEDIATE RELEASE
November 1, 2011  

The Workplace Health, Safety and Compensation Commission (the Commission) announced today that the average assessment rate for employers in the province will remain at $2.75 per $100 of payroll for 2012 while the maximum compensable and assessable earnings limit will increase from $51,595 to $52,885. Approximately 53 percent of employers will see a slight decrease in their assessment rates in 2012, while 47 per cent will remain the same or experience a slight increase.

“We are pleased to be able to maintain the average rate at $2.75 despite rising health care costs and increasing labour costs in Newfoundland and Labrador,” said CEO Leslie Galway.

Assessment rates are premiums paid by employers to cover anticipated costs of workplace injuries, return-to-work programs, prevention initiatives and the cost of administering the workers’ compensation system. The increase in maximum compensable earnings reflects a 2.5 per cent increase in the consumer price index (CPI).  Any injured worker whose pre-injury earnings are at or above the new maximum compensable limit will be compensated based on the new limit effective January 1, 2012.  

Notifications of individual employer assessment rates for the upcoming year are being mailed to employers.  A complete listing of the 2012 Classification of Industries and Assessment Rates can be found in the publications section of the Commission’s website or by clicking here.

Serving over 17,500 employers and approximately 12,000 injured workers, the Commission is an employer-funded, no fault insurance system that promotes safe and healthy workplaces, provides return-to-work programs and offers fair compensation to injured workers and their dependants. 


FOR FURTHER INFORMATION, PLEASE CONTACT:
Chris Flanagan
Director of Communications
Workplace Health, Safety and Compensation Commission
Telephone: 709-778-1590 or 709-728-7869 

Workplace Health, Safety and Compensation Commission
146-148 Forest Road • St. John’s • NL • A1A 3B8
Telephone (709) 778-1000 •1-800-563-9000
www.whscc.nl.ca


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