WSIB premium charges to stay unchanged in 2024

Small companies collaborating in this system can now profit from double rebates for each accomplished matter, together with a further $1,000 in direction of implementing a well being and security program.

“We had been capable of maintain the road on premium charges in 2024 and can proceed to enhance our providers and outcomes,” says Jeff Lang, president and CEO of the WSIB. “We’re additionally persevering with with incentives to small companies to scale back accidents from occurring within the first place.”

Final month, Ontario introduced the relocation of the WSIB head workplace to London, with the brand new location at 300 Tartan Drive anticipated to deliver a $100 million increase to the London space. This transfer coincides with the WSIB’s renewed deal with rising help for injured staff and enhancing providers for companies.

Along with exploring elevated compensation for injured staff, the WSIB plans to return as much as $1.5 billion to protected employers. The group can also be increasing its on-line providers and lengthening cellphone hours to make it simpler for people and companies to entry help when wanted.

The choice to take care of regular premium charges for the WSIB in 2024 shall be a welcomed aid for employers.