Industry Classifications and Premium Rates
Employers registered with the WCB are assigned to one or more industry classifications based on the activity(s) they are involved in.
SELECT A CLASSIFICATION FOR MORE INFORMATION:
The cost experience of the industry classification determines the risk category the industry is assigned to. That risk category then determines the range of premium rates the employers in that classification will pay.
- Get more information on the WCB’s rate setting model.
- View a listing of all the WCB’s 2014 industry classifications and new firm premium rates.
Before referring to the classification descriptions, the WCB must first determine if the employers are excluded from mandatory coverage.
Employers who require WCB coverage are normally classified into one or more of the sub-groups in Sectors 1 – 8. Employers in excluded industries that want to purchase optional coverage are assigned to a sub-group in Sector 9.
While the descriptions provide a brief overview of the activities in each classification, they will not include all activities.
Employers are classified according to their “main activity(s)”. There will be sub-processes and workers with many different occupations working for one employer, but we don’t examine those for classification purposes. We are interested in determining the main functions (i.e., revenue streams, end products, services provided, etc.).
For example, most companies employ administrative staff, but a separate classification is not provided for these employees. They contribute to the overall, main activity and are included that way.
In most circumstances, an employer is assigned to one industry classification, although some employers may qualify for more. For information on when firms qualify for multiple classifications, please refer to WCB Policy 35.20.10, Classification of Employers into Sub-Groups and its administrative guidelines.
The rate risk category shown in each description reflects the current year only. These can change from year to year based on the experience of the employers registered under these classifications.
Learn more about:
- Industry Sectors and Classifications
- 2014 Firm Rates and Industry Codes
- 8 Steps to Calculating an Employer's Premium Rate
- Safety Association/COR Discount Programs
- SAFE Work
- Appealing an Assessment Decision
Related Fact Sheets and Publications
- Appealing an Assessment Decision Fact Sheet
- COR Incentive Fact Sheet
- 8 Steps to Employers' Assessment Rates in 2013
- SAFE Work in Every Workplace: Joint Injury and Illness Prevention Strategy 2008 - 2012
- SAFE Work is Good for Business
- WCB Partners in Prevention