The Saskatchewan Workers’ Compensation Board has approved the average employer premium rate of $1.17 per hundred dollars of payroll for 2020. That’s the same rate as this year, marking the first time in a dozen years that the average premium rate has not dropped. But that’s the average. As CEO Phil Germain points out, the rate will go up for some industries and down for others. The 2020 rate is 43 per cent below the 17 year high of $2.05 set in 2004. Since 2008, the workplace injury rate has dropped by almost 50 per cent. Over the last three years, 88 per cent of Saskatchewan employers have achieved zero injuries. However, while total injuries have dramatically declined, the more serious injuries have not decreased. Those numbers have remained roughly the same each year from 2010 to 2018 at about 24 hundred.
WCB Approves 2020 Premium Rates
Dec 4, 2019 | 10:30 AM

















