Maximum Assessable Wage Rate
POL 15/2021

Effective date: January 1, 2022

Application: Applies to all employers.

Policy subject: Employer payroll and premiums

Purpose:

To establish the maximum assessable wage rate for 2022.

BACKGROUND

Section 137(2) of The Workers’ Compensation Act, 2013 directs the Workers’ Compensation Board to set a maximum assessable wage rate for each year.

POLICY

  1. Effective January 1, 2022, the Board Members have determined that the maximum assessable wage rate will be $94,440 per worker per calendar year.
  2. In subsequent years, the maximum assessable wage rate will be adjusted in accordance with the maximum wage rate.

Policy references

Legislative Authority

The Workers’ Compensation Act, 2013
Sections 37, 137(2), 182

Document History

(1)    POL 08/2020, Maximum Assessable Wage Rate – 2021 (effective January 1, 2021 to December 31, 2021)
(2)    POL 10/2019, Maximum Assessable Wage Rate – 2020 (effective January 1, 2020 to December 31, 2020).
(3)    POL 05/2018, Maximum Assessable Wage Rate – 2019 (effective January 1, 2019 to December 31, 2019).
(4)    POL 16/2017, Maximum Assessable Wage Rate – 2018 (effective January 1, 2018 to December 31, 2018).
(5)    POL 25/2016, Maximum Assessable Wage Rate – 2017 (effective January 1, 2017 to December 31, 2018).
(6)    POL 05/2015, Maximum Assessable Wage Rate – 2016 (effective January 1, 2016 to December 31, 2016).
(7)    POL 18/2014, Maximum Assessable Wage Rate – 2015 (effective January 1, 2015 to December 31, 2015).

Complements

POL 24/2010 Assessable Earnings
POL 12/2020 Employer Coverage and Registration
POL 03/2014 Coverage – Personal
POL 14/2014 Coverage – Directors
POL 27/2016 Experience Rating Program – Discounts or Surcharges
POL 14/2021 Maximum Wage Rates – 2022

Two people signing documents
Two people signing documents

Looking for the full policy manual?

Click here to download the WCB’s current Policy and Procedure Manual.

Download full manual