Maximum Assessable Payroll

Employers report payroll to the WCB which the WCB uses to determine assessments. The amount that employers report, per worker, is subject to a cap or maximum assessable earnings level. You will not be charged an assessment on the portion of a worker’s earnings that exceeds the maximum assessable earnings. NOTE: There is no minimum assessable earnings level for workers.

The maximum assessable earnings level does not apply to the Personal (Special) Coverage available for purchase by sole proprietors, partners or directors.

Wage loss benefits payable to injured workers are not limited by the maximum assessable earnings level.

Example of how to apply the maximum assessable earnings level:

A firm will have two workers in 2012. One worker will earn $108,000 and the other will earn $80,000. The 2012 maximum assessable earnings per worker is $104,000.

· The employer’s gross payroll is $188,000.

$108,000 +$ 80,000 = $188,000

· The employer’s assessable payroll is $184,000.

$104,000 +$ 80,000 = $184,000
 

$184,000 is the amount the WCB will use to determine the employer’s assessment.