Business owners: Prepare for upcoming changes to your WSIB premium rate
Learn about new rate framework and premiums
You're invited to attend an information session, "Business owners: Prepare for upcoming changes to your WSIB premium rate," on Tuesday, September 24, in Timmins.
On January 1, 2020, the Workplace Safety and Insurance Board (WSIB) will transition to a more clear and transparent method of premium rate setting for almost 300,000 businesses across Ontario. The WSIB is moving from its current classification structure to the North American Industry Classification System (NAICS). NAICS is already used by Statistics Canada, the Canada Revenue Agency and is a North American standard. The new rate framework will help simplify and streamline industry classifications from 155 rate groups down to just 34 classes and subclasses.
Learn about the features of new rate framework and what to expect in 2020 from the Workplace Safety and Insurance Board (WSIB) including:
- New classifications for businesses
- How to prepare for upcoming changes to your WSIB premium rate
- How your premium rate is set and adjusted
- Question and answer period
- Resource and contact information provided
Enjoy a complimentary light lunch, or bring your own. Please note that photos and videos may be taken of the presenter during the event for marketing and training purposes. Seating is limited, so be sure to reserve your place.
11:30 am - 12:00 pm: Registration and lunch
12:00 pm - 1:00 pm: Speaker
1:00 pm - 1:30 pm: Discussion and networking (optional)
Help make your workplace and community safer and register today.