Wcb Maximum Assessable Earnings 2024. 2024 assessable earnings estimate estimate your gross worker assessable earnings for the 2024 calendar year. One worker will earn $100,000, one worker will earn $115,000, and the other worker will earn $180,000.
2024 premium rate information the average employer premium rate is $1.36 per $100 of assessable earnings, however, your individual rate will vary based on your performance. This figure is used by wcb nova scotia to determine the maximum benefit payable to workers in 2024, and also represents the maximum assessable.
Industry Premium Rates Are Set Annually Using Wcbโs Rate Setting Model ( Pol 13/2017, Rate Setting ).
This rate is the lowest.
Assessment Rates Are Set Annually By The Wcb's Board Of Directors And Are Calculated Per $100 Of Assessable Payroll Based On The Maximum Assessable Earnings (Mae) For That.
Some values are preliminary and subject to change.
Based On The Funding Status As Of December.
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Employers Report Payroll To The Wcb Which The Wcb Uses To Determine Assessments.
This rate is the lowest.
The Maximum Amount Per Person May Change From Year To Year.
Assessment rates are set annually by the wcb board of directors and are calculated per $100 of assessable payroll.
The Same Employer Will Have Three Workers In 2024.