Sunshine Coast Economic Development - British Columbia, Canada

Payroll Costs

Payroll Costs

Workers Compensation (Worksafe BC)

Average Base Premium Rate $1.70 Rates as of 2016 per $100 of employer’s assessable payroll
Average Rate for Pulp and Paper Mill Workers $1.94 Rates as of 2016. Rates set by employer’s industrial activity. Applies to a maximum gross annual earnings of $80,600.
Average Rate for Office Workers $0.44 Typical range for business services operating in an office building Applies up to a maximum gross annual earnings of $80,600.
Maximum weekly Benefit (Net) $1,056.86 90% of net average earnings, based on maximum annual assessable earnings of $80,600. Represents lost wages only. Health care costs are typically covered as well. Paid by Worksafe BC.

Source: Worksafe BC

Employment Insurance (2016 rates)

Taxable Base Gross Payroll
Average Employer Premium as a % of insurable earnings 2.632% Employer premium is 1.4 times that of the employee premium of 1.88%.
Maximum Weekly Benefit $537 Paid by the Government of Canada (55% of insured earnings, representing the general benefit level).
Maximum annual insurable earnings: $50,800

Source: Employment Insurance (EI) Canada

Sunshine Coast Community Economic Development

Gibsons & District Chamber of Commerce SCRD   Gibsons
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