Industry Rates
When we calculate your industry rate, we consider claim costs for injuries that occurred during the most recent 5 full calendar years. Injuries that occurred before that time period are not part of the calculation.
We also give more weight within our rate calculations to claim costs for recent injuries than we do for older ones.
Those industries with higher costs to payroll than average pay a higher rate and industries with lower costs to payroll than average pay a lower rate. By grouping similar industries together, we ensure industries with higher injury rates share the costs of the system in a way that more accurately reflects their use of the system.