(WINNIPEG) – The Workers Compensation Board of Manitoba (WCB) released its 2012 Annual Report today. It was highlighted by stable rates, strong investment returns and innovative service enhancements for workers and employers. The WCB also released its 2013–2017 Five Year Plan.
View the 2012 Annual Report Documents:
- Annual Report Part 1
- Annual Report Part 2 - Financial Statements
- Annual Report Part 3 - Statistics and Measures
- 2013-2017 Five Year Plan
"The WCB made significant progress in modernizing our service offerings through technology and process improvements in 2012," says WCB President and CEO Winston Maharaj. "This ranged from opening our Brandon Regional Office to enriching our resources for French and other non-English speaking Manitobans to laying the ground work for FlexPlay, a new system that will soon make reporting payroll and paying premiums easier for employers."
Other noteworthy service enhancements in 2012 included a revamp of the SAFE Work website, the development of an online safety and health community and the launch of online employer surveys.
“In 2012, the WCB achieved a surplus of $68 million, which leaves us in a strong position going into the future" says Maharaj. "Successful prevention and return to work efforts by the WCB, its partners, and the workers and employers of Manitoba contributed to these results."
As a result of its strong financial position, the WCB was able to maintain the 2012 average assessment rate at $1.50, the second lowest rate among Canadian WCBs. The WCB announced that the rate would remain stable in 2013. The time loss injury rate, which has plateaued for the past three years, is 3.3 per 100 full time workers.
"The WCB, through the SAFE Work partnership, continues to work with stakeholders to build a culture of safety and health," says Maharaj.
The WCB partnered with the Province on a number of important reviews that will significantly change the environment for the prevention of injuries in Manitoba workplaces. These reviews included a review of the WCB's process for setting employer premiums ─ which will look for ways to strengthen employer incentives for injury prevention while discouraging claim suppression ─ as well as the new Chief Prevention Officer's review of all prevention services and programs.
Injured workers spent less time off the job in 2012 as a result of employers' and workers' focused efforts to help ensure workers return to health and meaningful work as soon as they can safely do so. Return to work programs minimize the impact of an injury, promote recovery and benefit both workers and employers.
The Workers Compensation Board of Manitoba is a mutual workplace injury and disability insurance agency funded by employer premiums. The WCB is committed to building a culture of health and safety in Manitoba through the SAFE Work program and community partnerships. Workplace injuries and illnesses are preventable but should they occur, the WCB is here to help injured workers, their families and employers.
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