Yukon Workers’ Compensation Health and Safety Board to increase rates in 2018
The Yukon Workers’ Compensation Health and Safety Board will increase its assessment rates for most businesses in 2018, the board said in a press release Oct. 12.
The increase marks the third year in a row that rates for the majority of the Yukon’s 3,576 registered employers has gone up.
Employers in industries such as building demolition, bricklaying and masonry will see the largest increase at 10.3 per cent (which translates to $5.70 per every $100 of payroll, up from $5.17 in 2017). Employers in industries like road making and electrical contracting, come in second with a 9.8 per cent increase ($3.24 in 2018, up from $2.95 in 2017). The “Services (Medium)” group, encompassing grounds maintenance, lumber yards and bulk oil dealers, among other things, will also see a notable rate increase of 8.5 per cent (up to $1.54 from $1.42).
Employers from other groups can expect to see a rate increase ranging between 0.3 to 6.2 per cent.
The sole group to buck the trend is the resources and transportation category which includes placer mining, exploration, reclamation and drilling water wells, which will see a 2.7 per cent decrease in rates next year ($4.66 in 2018 compared to $4.79 in 2017).
The YWCHSB press release said that even with the increases, most employers will still be paying less than they did from 2009…