WorkSafeBC 2027: the average holds for a tenth year
Published on Published
The preliminary 2027 rates are out. The average is unchanged, but 48% of BC employers are in industries whose own base rate rises.
WorkSafeBC has published its preliminary premium rates for 2027. The average base rate stays at $1.55 per $100 of assessable payroll, unchanged every year since 2018. It is set below the expected cost of about $1.88, and WorkSafeBC is returning roughly $960 million of surplus to employers in 2027 through discounted rates and assessment credits.
The figures
- Average base rate: $1.55 per $100 of assessable payroll
- Employers whose industry base rate rises: 48%; falls: 30%; unchanged: 22%
- Surplus returned to employers in 2027: about $960 million
- Maximum assessable earnings per worker from 1 January 2027: $130,800
The rates are preliminary until WorkSafeBC’s final-rates process in October and its board’s approval. The average matters less than your own classification unit’s rate and your experience rating, which the guide below explains.
How to check your own 2027 rate, and what to change in payroll →
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