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Employer performance matters

WCB-Alberta publishes 2012 employer premium rates

EDMONTON, AB – 58 per cent of employers will see no change or a reduction on their 2012 WCB premiums. Performance makes the difference.

In Alberta’s workers’ compensation system, the best performers pay lower rates while the poorest performers pay more.

Good performance means that top employers and their workers have developed suitable strategies to help those injured on the job recover at work, in a more positive environment than alone at home.

On the flip side, WCB-Alberta’s poor performance program aims to galvanize 1,600 poor performing employers to take immediate action to improve return-to-work planning and injury prevention practices. The strategy is working.

In 2012, 592 employers will join the PPS program, while 710 employers have improved their performance significantly enough to leave the program behind.

“We all share responsibility for getting better at managing workplace injuries,” states Guy Kerr, President and CEO of WCB-Alberta. “Modified work, investments in safety and prevention, safety associations, occupational injury clinics, and many more of our joint initiatives are making a difference.”

Key 2011/2012 trends

  • The number of workers with lost-time claims is expected to increase to approximately 27,400 (7.5 per cent) for this year and 3.7 per cent next year.
  • Average claim duration is expected to increase somewhat to 37.2 days in 2011 and 38 days in 2012.
  • Fully-funded claim costs are also on the rise as WCB forecasts year-end costs of $748.1 million, with another increase of 6.5 per cent expected for 2012.
  • Worker wage protection will also increase in 2012. WCB has raised the maximum insurable income (MIE) level to $86,700.

Alberta employers mitigated these inflationary trends through long-term investments in safety and return-to-work programs so that overall injury trends remained stable, leading to positive expectations for 2012.

  • The lost-time claim rate should remain stable at 1.5 lost-time claims per 100 covered workers for the third year in a row.
  • The disabling injury rate is expected to remain steady at 2.8 per 100 covered workers.

More information on 2012 premium rates and rate highlights:

The Workers' Compensation Board (WCB) – Alberta is a not-for-profit organization legislated to administer the workers' compensation system for the province. Through the payment of premiums, 139,000 employers fund this no-fault system to provide compensation for workplace injuries and occupational diseases to over 1.7 million workers.

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Learn more about WCB premium rate setting.

Find information about WCB’s discounts and surcharges and the tools and resources available to employers.

Interested in learning more about Alberta’s workers’ compensation system? You’ll find what you need in our 2010 Annual Report.

Media contact:
Marcela Matthew
780-717-5855
Media.contact@wcb.ab.ca