Workplace Health, Safety & Compensation Commission of Newfoundland and Labrador 
Sample PRIME calcuations for 2008


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Average Calculated Base Assessment greater than $10,000 and less than $25,000

Employer Profile: Personal Care Home – assessable payroll between $230,000 and $331,000 per year for 2006 to 2008 – average calculated base assessment of $19,942.

Maximum Rule: Since the previous year refund/charge percent for this personal care home is a 19.9% charge, the current year experience percent cannot put the employer in a position that is more than 20% worse than the previous year.

PRIME Cost Previous Year
Refund/Charge Percent

 
Bottom of Experience Incentive Range Top of Experience Incentive Range Experience Refund or Charge Percent Applied to Account Experience Refund or Charge Amount Applied to Account
$3,247.89 19.9% Charge $3,804.94 $8,535.38 2.8% Refund $557.05 Refund
$7,511.82 19.9% Charge $3,804.94 $8,535.38 0.0% Refund/Charge $0.00 Refund/Charge
$18,962.55 19.9% Charge $3,804.94 $8,535.38 39.9% Charge (maximum rule applies) $7,956.86 Charge

Greater than $25,000 and Less than $50,000