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


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Average Calculated Base Assessment greater than $50,000 and less than $100,000

Employer Profile: Provider of Homecare and Domestic Services – assessable payroll between $1,200,000 and $1,500,000 per year for 2006 to 2008 – average calculated base assessment of $87,235.

Maximum Rule: Since the previous year refund/charge percent for this provider of homecare and domestic services is a 40.0% 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
$14,567.23 40.0% Charge $20,460.53 $30,690.79 6.8% Refund $5,893.30 Refund
$23,982.67 40.0% Charge $20,460.53 $30,690.79 0.0% Refund/Charge $0.00 Refund/Charge
$87,989.41 40.0% Charge $20,460.53 $30,690.79 60.0% Charge (maximum rule applies) $52,341.00 Charge

Greater than $100,000 and Less than $500,000