Yukon Workers' Compensation Health and Safety Board (YWCHSB) increases employer rates for 2017.
The YWCHSB is increasing its assessment rates for thousands of Yukon businesses for the first time in 7 years. The rate represents what employers pay to the board, per worker, per year. The money goes towards compensation for workers injured on the job. The average 2017 assessment will go up by two cents — from $1.85 to $1.87.
How can you reduce your premiums?
The YWCHSB offers incentive rebates to employers who demonstrate a commitment to safe work practices through its CHOICES program. CHOICES is one of the simplest ways to obtain a credit on your assessment premiums. You enroll by ticking the appropriate checkbox on your annual Employer Payroll Return. The CHOICES policy is here.
If your business has obtained its Certificate of Recognition (COR) or Small Employer Certificate of Recognition (SECOR) you are entitled to a 10-per-cent discount on assessments.
Non-certified employers can also obtain a rebate. Once a non-certified employer demonstrates compliance with the specified work-related safety and/or return-to-work training required for their industry to a third-party provider, they will qualify for a rebate ranging from four to six per cent.The minimum rebate is $75 and the maximum rebate is $25,000.To receive the CHOICES rebate, the employer’s account must be in good standing and there can be no outstanding penalties, orders or payments. Further details are by calling YWCHSB at (867) 667-3091 or Toll free: 1-800-661-0443.
CFIB will continue to advocate for reforms within the workers' compensation system that reflects the needs of small businesses. Read our comprehensive Small Business Workers’ Compensation Index and the Yukon Territory summary.
CFIB Business Counsellors are available to answer your questions.