Add, edit, disable or enable Workers’ Compensation rates

Workers’ Compensation is an employer paid premium. Worker' Compensation premiums are remitted on the same frequency as your CRA Source Deductions. Please note that we are unable to remit premiums for the following provinces/territories:  

• New Brunswick
• Newfoundland
• Yukon
• Northwest Territories
• Nunavut

Important! Wagepoint is not authorized to report Workers’ Compensation premiums that are calculated and remitted on your behalf. It is up to the employer to complete the required reporting. There is one exception: we can report for the province of Nova Scotia.

Add Workers’ Compensation to payroll

1. In the left navigation menu, go to Settings.
   
2. Under Payroll settings, select Workers’ compensation.
   
3. Click Add Rate.
4. Enter the following information: 
   • Province.
   • WCB account number: If you already have an existing rate entered for a province, click Add a new account to enter a second account number.
   • WCB/WSIB rate.
   • Maximum assessable earnings: This defaults to the provincial standard.

Note: If you are unsure about this information, please contact your Provincial Workers’ Compensation entity directly.

5. Click Save. 

You can create additional rates for other provinces using the above steps.

Add a rate for an existing province

If a province already has an account number associated with it, you can use the same account number for a new rate or create a new account number.

1. In the left navigation menu, go to Settings.
2. Under Payroll settings, select Workers’ compensation.
   
3. Click Add Rate.
4. Choose the province, then click Add a new account. The fields will become open and you can enter the information for the new account number and rate.
5. Click Save. The new rate will now appear in the Added rates list.

Edit a Workers’ compensation rate

1. In the left navigation menu, go to Settings.
   
2. Under Payroll settings, select Workers’ compensation.
   
3. Click Edit beside the rate line you want to modify.
4. Make the necessary changes. If you’re editing a rate after running payroll, you will be required to provide an effective date for the change. 
5. Click Save. The newly edited rate will automatically update in the profile of the people who had it assigned.

Disable a Worker’s compensation rate

1. In the left navigation menu, go to Settings.
2. Under Payroll settings, select Workers’ compensation.
3. Locate the relevant rate. In the Actions column, click the drop-down arrow.
4. Select Disable. You cannot disable a rate that is assigned to employees.
5. A pop-up will appear asking you to confirm that you would like to disable the rate. Click Disable. The rate will no longer appear in the Added rates list.

Enable a Worker’s compensation rate

1. In the left navigation menu, go to Settings. 
2. Under Payroll settings, select Workers’ compensation.
3. Click Filter, select the checkbox next to View disabled items, and click Show result.
4. A list of disabled rates will appear. Locate the rate you want to enable. In the Actions column, click Enable.
5. A pop-up will appear asking you to confirm that you would like to enable the rate. Click Enable. The rate will reappear on the Added rates list.