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


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Average Calculated Base Assessment greater than $500 and less than $1,000

Employer Profile:  Vegetable Farm – assessable payroll between $18,000 and $19,000 per year for 2006 to 2008 – average calculated base assessment of $674. 

Maximum Rule:  Since the previous year refund/charge percent for this vegetable farm is 0%, 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 0.0% Refund/Charge $17.21 $395.72 2.6% Refund $17.21 Refund
$126.95 0.0% Refund/Charge $17.21 $395.72 0.0% Refund/Charge $0.00 Refund/Charge
$502.00 0.0% Refund/Charge $17.21 $395.72 5.0% Charge (maximum rule applies) $33.70 Charge


Greater than $1,000 and Less than $2,000