Further assistance is available from the Assessment Services Department staff by calling 506 632-2820 or toll free
1 800 222-9775
Experience Rating System 2010
2010 - maximum annual assessable earnings $56,300
Experience rating is designed to improve employer
awareness of the importance of safety in the workplace and
to achieve greater equity through the use of rewards and
penalties based on the employer’s own accident cost
Who participates in Experience Rating?
Employers who pay an average of $1,000 or more of
assessment at the basic group rate for the years 2006, 2007
and 2008 participate in the program. Every employer
averaging $1,000 of assessments will participate at the
minimum level of 25%. The participation level will
increase by 1% for every additional $500 of average annual
assessments, up to the full participation of 100% [see (7)
for example]. Non-participating employers are simply
assessed at the basic group rate.
The following is set out to provide further information on the
Experience Rating Statement calculating form.
New injury Costs
The Experience Rating System uses new injury costs to
determine your adjustment to the basic assessment rate.
New injury costs are those costs arising from injuries that
have occurred in the most recent three completed year’s
experience only (2006, 2007 and 2008). In addition, each
claim used in experience rating is limited to $57,500
(indicated by “*”). This maximum per claim cost places an
emphasis on the frequency of claims in order to protect
against the impact of a serious single claim.
Assessable payrolls are used in the calculation for the same
three-year period as used for the new injury costs (2006,
2007 and 2008).
Employer Cost Ratio
This ratio is determined by dividing your three-year new
injury costs (1) by your three year payrolls (2).
Industry Cost Ratio
This is calculated as in (3) above, by dividing new injury
costs by payroll for a