WCB approves 2019 premium rates

WCB approves 2019 premium rates Average premium rate decreases by 1.7% REGINA, SK – The Saskatchewan Workers’ Compensation Board (WCB) has approved the 2019 average employer premium rate of $1.17 per hundred dollars of payroll, a decrease of 1.7 per cent from the 2018 rate of $1.19. The 2019 rate marks the 12th consecutive year the rate has dropped, making it the lowest rate in more than 30 years. The 2019 average rate is 42.9 per cent below the 16-year high of $2.05 in 2004. “Because of the safety focus of many employers and workers, many industry rate codes have [...]