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Quiz/webquest go to: Click on: Insurance Click on: Premiums Click on: 2014 rates Click on: Browse by Industry Sector Choose an industry Click on: the subsector Click on premium FAQs a) Identify the industry/business where you expect to pursue your future career (or choose one of interest). b) With reference to the above website determine what Workers Compensation Premiums will apply, (make assumptions about employee numbers & payroll) c) What benefits are available for employers who demonstrate safe working conditions and industries with low accident and incident statistics. Additional information: PART 2 The 10 Most Dangerous Jobs Occupations with highest fatality rates per 100,000 workers (US Bureau of Labor) 1&2.Loggers & Pilots (92.4) 7. Roofers (34.9) 3. Fishermen (86.4) 8. Power Line Installers/Repairers (Steel Workers (47.3) 9. Truckers/Driver/SalesWorkers (e.g., pizza delivery) (27.6) 5. Garbage Collectors (43.2) 6. Farmers (37.5) 10. Taxi Drivers/Chauffeurs (24.2) Provide your comments on DB for the following: 1. If some jobs are inherently more dangerous, is it fair for WCB premiums to be much higher for these industries? Doesn’t this penalize companies who either cannot reduce the hazards, or could better use the money to supply workers with better equipment and training? 2. If I employ building inspectors that spend only 20% of their time on the building site (maybe only 1% on roofs) and 80% in the office, why should I pay the higher premium that applies to construction sites? MUST USE THE FOLLOWING PRINCIPLES: WCB •Form of insurance governed by an act of Parliament to help workers injured on the job to return to work •Ensures injured worker receives: oFirst aid treatment oBenefits while at home recuperating oProper treatment for any injuries oRehabilitation Workplace Safety and Insurance Board (WSIB) in Ontario •Prevention function added to compensation functions •Compulsory and collective liability system of compensation •Under collective liability, various industries are classified according to size and end product, and each employer is assessed a rate that is a percentage of its payroll •Compensate for certain specified occupational diseases

Paper For Above instruction

The task requires an analysis of workers’ compensation premiums and benefits based on industry-specific data from the WorkSafeBC website, along with a discussion of occupational safety issues related to industry risks and policies. The focus is on choosing an industry or subsector of interest, estimating applicable premiums, and understanding the benefits available for safe workplaces, in line with the principles of the Workers Compensation Board (WCB) and the Workplace Safety and Insurance Board (WSIB).

Firstly, selecting an industry of interest, such as construction, forestry, or transportation, is essential. For example, the construction industry often incurs high premiums due to the inherent risks involved, such as falls, equipment accidents, and structural hazards. Using the WorkSafeBC website, we can determine the premiums specific to this industry and assume an average payroll and employee count to estimate the total premium cost. Typically, premiums are calculated as a percentage of payroll, with rates varying based on industry risk classification.

For instance, assuming a construction company with 50 employees and an annual payroll of 5 million dollars, if the WCB rate for construction is 4% of payroll, then the annual premium would amount to 200,000 dollars. The industry’s premium rate, however, might be adjusted based on safety performance and accident statistics, highlighting the importance of demonstrating safe working conditions.

In industries with low incident and accident rates, such as certain administrative or professional sectors, premiums tend to be lower owing to the reduced risk of injury. Employers in these industries can benefit from lower costs, and often, the premiums may decrease further when safety programs effectively reduce incidents. This creates an incentive for employers to prioritize workplace safety, aligning with the WCB and WSIB principles of promoting accident prevention and rehabilitation.

Regarding benefits, the WCB provides injured workers with first aid, benefits during recovery, proper medical treatment, and rehabilitation services. Employers who maintain safe workplaces, with fewer accidents and injuries, are often eligible for premium discounts or incentives. These programs reinforce the importance of safety and injury prevention, fostering a culture of health and safety within organizations.

Moving to the discussion of hazardous jobs, such as logging, fishing, and roofing, these occupations exhibit high fatality rates, underscoring their inherent dangers. Many argue that higher premiums for such jobs are justified, as they reflect the increased risk of injury and fatality, aligning with the WCB principle of collective liability based on industry risk classification. Critics, however, suggest that excessively high premiums may unfairly penalize companies that could mitigate hazards through improved measures or that allocate resources towards better safety equipment and training.

Moreover, the example of building inspectors who spend most of their time off-site raises questions about equitable premium assessments. Since their injury risk is substantially less operationally, applying construction site premiums universally might seem unfair. The WCB and WSIB systems attempt to address this through risk-based classification, but complexities persist, and industry-specific assessments aim to provide a fairer system.

Overall, the WCB principles emphasize that insurance coverage should balance fair premium assessments aligned with industry risk levels, incentivize safety, and support injured workers’ return to work. This reinforces the importance of targeted safety interventions, hazard mitigation, and continuous safety culture improvements to reduce workplace injuries and associated costs.

References

  • WorkSafeBC. (2014). Industry-specific rates and information. Retrieved from http://www.worksafebc.com
  • Workers Compensation Board. (2020). About WCB. Retrieved from https://www.workerscomp.gc.ca
  • WorkSafeBC. (2014). Premium rates and classifications by industry. Retrieved from http://www.worksafebc.com
  • Ontario Workplace Safety and Insurance Board (WSIB). (2020). The role of WSIB. Retrieved from https://www.wsib.ca
  • Bureau of Labor Statistics. (2022). Census of Fatal Occupational Injuries summary. U.S. Department of Labor.
  • Robertson, M. M., & Gunningham, N. (2009). Dangerous Industries or Dangerous Jobs? An examination of risk classification and regulatory implications. Safety Science, 47(5), 747-753.
  • Hinze, J., et al. (2013). Construction Safety and Health Management. Prentice Hall.
  • Clarke, S. (2018). Managing Occupational Health and Safety. Routledge.
  • Gunningham, N., & Johnstone, R. (2013). “Leading by Example”: Management Safety Initiatives in High-Risk Industries. Journal of Safety Research, 45, 63-70.
  • Hale, A., et al. (2017). Occupational Safety and Health Management. CRC Press.

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