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


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Average Calculated Base Assessment greater than $1,000 and less than $2,000

Employer Profile: Restaurant – assessable payroll between $60,000 and $75,000 per year for 2006 to 2008 – average calculated base assessment of $1,814.

Maximum Rule: Since the previous year refund/charge percent for this restaurant is a 6.0% refund, the current year experience percent cannot put the employer in a position that is more than 5% 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
$0.00 6.0% Refund $73.04 $1,022.56 4.0% Refund $73.04 Refund
$490.91 6.0% Refund $73.04 $1,022.56 1.0% Refund (maximum rule applies) $18.14 Refund
$2,060.45 6.0% Refund $73.04 $1,022.56 1.0% Refund (maximum rule applies) $18.14 Refund

Greater than $2,000 and Less than $3,000