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WSIB Rebates & Safe Business Bonus

Employers and workers to benefit from new initiatives

The Ontario government has introduced the Working for Worker Six Act, 2024. This bill - if passed - includes several measures that would reward safe businesses and provide additional health and safety supports for workers.

  1. Starting in February 2025, eligible employers will receive a one-time Workplace Safety and Insurance Board (WSIB) surplus funds rebate.
  2. In 2025, the average WSIB premium rate for Ontario businesses will be reduced from $1.30 to $1.25 per $100 of insurable payroll, without a reduction of benefits.
  3. Beginning in 2025 and open to businesses of all sizes, a new Safe Business Bonus will be available to WSIB Health and Safety Excellence program members, offering an extra $1,000 every time they create a new workplace health and safety action plan in the program.
  4. The development of WSIB heath and safety programs focused on mental health, preventative and chronic injury care and recovery. This includes the expansion of WSIB’s partnership with 11 public hospitals and their networks of community-based service providers across Ontario to ensure workers have access to mental health care programming.
  5. Removing the $150 fee for apprentices taking their first Certificate of Qualification exam.

Workplace Safety & Prevention Services (WSPS) is an approved provider of WSIB’s Health & Safety Excellence program. We help participants achieve success by offering them access to exclusive tools, resources and networking opportunities, as well as providing dedicated support from our team of experts. Learn more about how we can help you.

Published: Nov 21, 2024

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