Workers' compensation premium estimator
Estimate a premium from payroll and the rate you type from your board.
Result
Workers' compensation premium estimator
Estimated premium
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Enter payroll and the rate from your board.
Ballpark estimate, check before you buy or quote.
You type the rate. No board rate is stored. As of 2026-10-03. A simple estimate, not advice.
Estimate for planning only. This is not tax, legal, accounting or financial advice. Results depend on the figures you enter. Check all numbers, rates and rules with the official source or a qualified professional before relying on them.
How this works and common questions
About this tool
The premium is payroll times the rate you type, per $100 of payroll. Rates differ by board and by class, so this page does not store one. A simple estimate, not advice.
How it works
Multiply the payroll you type by the rate you type, then divide by 100. A rate of 1.550 on $80,000 of payroll is $1,240.00.
Rules
You type the rate. Provincial and territorial boards publish different rates by class. This page does not include a board rate. A simple estimate, not advice. As of 2026-10-03, no board threshold is stored here.
Questions
Which rate should I use?
The rate on your board's assessment for your class. Do not use another business's rate.
Does this include every province?
The formula is payroll times your rate, divided by 100. The rate itself is yours to type.
Is this the bill I will get?
No. It is a simple estimate from the two figures you enter, not a board assessment.
Do I need an account?
No. The tools work without one. You only need to sign in to save your work.
Is what I type saved?
No. Nothing is saved unless you sign in and choose Save. Otherwise it stays on the page.
Do you show ads or sell my information?
No. We show no ads and we do not sell your information.
Is this tax or legal advice?
No. Results are estimates for planning. Check rates and rules with the official source or a qualified professional.
Sign in to save this. Your entries stay on screen.
Estimate for planning only. This is not tax, legal, accounting or financial advice. Results depend on the figures you enter. Check all numbers, rates and rules with the official source or a qualified professional before relying on them.