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


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Average Calculated Base Assessment greater than $5,000 and less than $10,000

Employer Profile: Fish Processor – assessable payroll between $120,000 and $155,000 per year for 2006 to 2008 – average calculated base assessment of $6,073.

Maximum Rule: Since the previous year refund/charge percent for this fish processor is an 11.1% refund, the current year experience percent cannot put the employer in a position that is more than 10% 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 11.1% Refund $602.38 $2,943.87 9.9% Refund $602.38 Refund
$2,066.24 11.1% Refund $602.38 $2,943.87 1.1% Refund (maximum rule applies) $66.80 Refund
$4,400.22 11.1% Refund $602.38 $2,943.87 1.1% Refund (maximum rule applies) $66.80 Refund

Greater than $10,000 and Less than $25,000