Recently, the Canadian Federation of Independent Business (CFIB) issued a press release referencing their own research document where they suggest that WCB’s across the country “are holding onto $6.8 billion in extra money.”
Average preliminary rate suggests a 4% decrease from 2017, making it the lowest rate in over 30 years
- WCB expects the 2018 proposed average premium rate to be the 3rd lowest in Canada.
- The 2018 proposed average premium rate is expected to decrease to $1.19 from $1.24 in 2017.
- 94% of Saskatchewan employers will see a decrease or no change to their 2018 premium rate.
- In 2017, the Board approved the transition to the WCB’s enhanced rate model. The 2018 premium rates reflect the rate model transition.
WorkSafe Bob is back and he wants to meet you! Bring your family and friends, play some games and have some fun!
A former labourer was sentenced today in Melfort
- Violence responsible for 4% of workplace injuries reported to WCB in 2016
- 936 claims reported due to violence
- 2 workplace deaths in 2016 due to violence
– Time loss injury rate dropped to 1.86 (per 100 workers) – lowest in 64 years
– Record high number of Saskatchewan workers covered – 420,279
– Maximum Assessable Wage increased to $69,242
– 88 per cent of Saskatchewan employers achieved Mission: Zero
This April and May, communities across Canada will don yellow t-shirts and walk 5K to support families affected by workplace tragedy.
The annual Saskatchewan Workers’ Compensation Board’s (WCB) Compensation Institute wraps up later today.
