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Workers' Compensation Groups provide the ability to set the WCB maximums and rates for employees.
If there are changes, you must update the current year rates and maximum assessable earnings, as rates will be different for every industry.
When updating WCB for an upcoming tax year, you should only update WCB after Initialize Employee Totals is completed. During Initialize Employee Totals, the current year values are copied to the previous year.
Need to set up worker's compensation for a new province? Go to Worker's Compensation Setup Guide for more information.
How to Update WCB Rates and Maximum Assessable Earnings
Step 1: Open Worker's Comp Groups in the Avanti Desktop Application.
By default, this can be found in Canadian Payroll >> Taxation & Assessment Tables >> Worker's Comp Groups.
Step 2: Select a worker's comp group, then select Modify.
Step 3: Confirm whether the rate is correct, based on the industry.
If you have received a letter from your Worker's Compensation Board advising you of an updated rate, please use the rate provided. Otherwise, links to the Worker's Compensation Websites can be found below in the Worker's Compensation Rates section of this article.
If the rate is the same as the previous year, skip to Step 5.
Step 4: Update the Rate per $100, if the current year rate is different than the previous year rate.
Step 5: Confirm whether the Maximum Assessable Earnings is correct, based on the jurisdiction.
The current information for Maximum Assessable Earnings can be found below.
If the maximum is the same as the previous year, skip to Step 7.
Step 6: Update the Max Assessable Earning if the current year's maximum is different from the previous year.
Step 7: Select OK to save your changes.
Step 8: Repeat Steps 2 – 7 for each Worker's Comp Group.
Good job! Your Worker's Comp Groups are ready for the new year.
Worker's Compensation Rates
Each Worker's Compensation Board has unique rates based on industry. If you have received a letter from your Worker's Compensation Board advising you of an updated rate, please use the rate provided by them, not the standard rates.
Please see the links below for the standard current rates.
Workers' Compensation Websites
Maximum Assessable Earnings
The maximum assessable earnings are compiled using the information currently available. Please verify and confirm these amounts with the applicable Worker's Compensation provincial office.
2022 Maximum Assessable Earnings
Prince Edward Island
Newfoundland and Labrador
All set! Your WCB groups are now ready for your next pay! If you’re completing year end, the next step in the year-end process is Add the Financial Calendar for the New Year.