Oct. 10: 2015 Workers’ Comp Rates Announced

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WorkSafeNB announced that the average employer’s assessment rate in 2015 will be cut by 10 cents, from $1.21 in 2014 to $1.11 per $100 of payroll. The rates, effective Jan. 1, 2015, represent an 8% reduction. Premiums for about 13,000 employer operations will drop or remain stable. The provincial workplace accident frequency rate has also dropped, from 3.52 per 100 full-time equivalents in 2006 to 2.84 in 2013.