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What is the new business rate for our industry in 2021

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Reference no: EM133197558

The company is registered with Workers' Compensation (WCB). We have been assessed a pay rate of $0.23 per $100 for 2021.

a. Does this rate apply to the earnings for all employees, regardless of their position? It seems to me that the receptionist rate should be lower since they have less risk for workplace injuries.

b. We've never made a claim with Workers' Compensation so I feel like we do not even need this insurance. Can I go ahead and cancel this coverage?

c. What is the new business rate for our industry in 2021? Why is our rate different?)

Reference no: EM133197558

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