The amount employers report, per worker, is subject to a cap or maximum assessable earnings level. You are not charged a premium on the portion of a worker’s earnings that exceeds the maximum assessable earnings level.

NOTE: There is no minimum assessable earnings level for workers.

Wage loss benefits payable to injured workers are limited by the maximum assessable earnings level.

Example of how to apply the maximum assessable earnings level:

Actual Assessable Payroll

An employer had two workers in 2023. One worker earned $165,000 and the other earned $90,000. The 2023 maximum assessable earnings per worker is $153,380.

The employer’s gross payroll is $255,000.

            $165,000 +$90,000 = $255,000

The employer’s assessable payroll for 2023 is $243,380.

            $153,380 + $90,000 =$243,380

Estimated Assessable Payroll

The same employer will have three workers in 2024. One worker will earn $100,000, one worker will earn $115,000, and the other worker will earn $180,000. The 2024 maximum assessable earning per worker is $160,510.

The employer's gross payroll is $395,000.

            $100,000 + $115,000 + $180,000 = $395,000

The employer’s estimated assessable payroll for 2024 is $375,510.

            $100,000 + $115,000 + $160,510 = $375,510

$375,510 is the amount the WCB will use to determine the employer’s premium for 2024.

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