Maximum assessable earnings

Under Section 137(2) of The Workers’ Compensation Act, 2013 (the Act), the WCB is required to set a maximum assessable wage rate for each year. The maximum assessable wage rate for 2026 is $108,223.

Earnings loss benefits for workers are 90 per cent of net earnings up to the maximum in effect for any given year. Because of that, the WCB does not require employers to pay premiums on earnings above the maximum amount per worker per year. The maximum amount per person may change from year to year.

Example: A worker’s gross earnings for 2026 are $125,000. The maximum amount per person for 2026 is $108,223. The employer would report $108,223 assessable earnings for this worker.

Example: Company ABC has two workers, each earning $125,000. Taking into account the per-person maximum for 2026, the estimate of wages for 2026 will be:

$108,223 for Worker A
+ $108,223 for Worker B 
$216,446 total estimate for 2026

At the beginning of the year, the WCB asks employers to provide a payroll estimate so the WCB can determine employers’ premiums. This payroll estimate should be an accurate reflection of what an employer will pay to their workers up to the maximum that year.

Payroll estimates need to be current because premiums are due in the coverage year to which they apply. If actual wages are more than 50 per cent greater than estimated wages, an underestimate penalty will apply.

Employers can revise their payroll estimates at any time during the year that the estimate is for. This can be done online through your WCB online account or by emailing employerservices@wcbsask.com. If you revise your payroll estimate by email, please include your firm number.

For more information, see the Employer’s Payroll Statement (EPS) page.