The 2019 Worksafe NB Employer Rate Up Dramatically

Posted on Thursday, November 8, 2018 15:39 PM

Worksafe NB is dramatically increasing its rates to employers at it deals with more claims lasting longer and more and more claims for hearing loss.

The 2019 average assessment rate will be $2.92 per $100 of payroll compared to the 2018 rate of $1.70.

Worksafe NB President and CEO Douglas Jones says "we are hoping the new provincial government will look to change the legislation regarding tribunal decisions, which are binding on Worksafe NB."

Jones admits this is going to be a tough pill for a lot of employers to swallow and says depending on the size of their payroll some employers may have to make decisions about the size of their workforce.