Effective date: January 1, 2012
Application: All employers.
Policy subject: Rate setting, classification, and experience
To provide guidelines on the industry classification structure.
Industrial Undertaking means the work, trade, or service in which an employer is engaged (i.e., the primary business activity of the employer).
Industry Classification means the major industrial sector that best reflects an employer’s industrial undertaking or primary business activity.
Industry Rate Code means a collective liability grouping comprised of employers with a similar industrial undertaking or injury experience. All employers with the same rate code pay the same industry premium rate.
Industry Premium Rate means the rate applied to all employers within a rate code expressed as a dollar amount for every $100 of assessable payroll.
Classification – General
Employers Operating in More than One Industry
2(1)(l), 2(1)(q), 3, 20, 119, 138
The Workers’ Compensation General Regulations 19;
The Workers’ Compensation Miscellaneous Regulations 3 and 5.
01 January 2012
For all existing employer accounts with multiple rate codes, any changes to classification will be effective January 1st of the year following the review of the employer’s account.
01 January 2014. References updated in accordance with The Workers’ Compensation Act, 2013
References updated 01 May 2015 in accordance with The Workers’ Compensation Miscellaneous Regulations
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