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September 2, 2011WSIB Funding Review
Workplace Safety and Insurance Board
200 Front Street West
Toronto (Ontario) M5V 3J1
Re: ESIB Funding Review
To whom it may concern,
Please find attached a submission
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How to fill out wsib funding review
How to fill out WSIB funding review:
01
Start by gathering all the necessary information and documents, such as your company's financial statements, payroll records, and WSIB account number.
02
Familiarize yourself with the WSIB funding review form and its sections. Make sure you understand what each section requires and the purpose behind it.
03
Begin by providing your company's basic information, including the legal name, address, and contact details.
04
Move on to the financial information section, where you will be asked to specify your company's total payroll for the period under review. Be accurate and double-check the calculations to ensure accuracy.
05
Fill in the section related to any subcontracted work, if applicable. Provide details about the subcontractors, the nature of work performed, and the amounts paid to them.
06
Proceed to the section on the number of active workers and hours worked during the review period. This information helps determine your overall premium rate.
07
If your company has experienced any workplace accidents or incidents during the review period, provide the necessary details in the designated section.
08
Finally, review the completed form thoroughly, ensuring that all the information provided is accurate and any required attachments are included. Sign and date the form before submitting it to the WSIB.
Who needs WSIB funding review:
01
Employers who are registered with the WSIB and have an active account need to undergo a funding review.
02
Businesses with employees working in job classifications covered by the WSIB are required to complete the funding review process.
03
Companies that want to maintain their coverage and eligibility for WSIB benefits and support services must fulfill the obligation of conducting a funding review. This includes ensuring that all the necessary forms and documentation are submitted accurately and within the specified timelines.
Note: Specific requirements and eligibility criteria may vary based on the WSIB regulations applicable to your region. It is advisable to consult the official WSIB website or contact their customer service for detailed instructions and guidance tailored to your situation.
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What is wsib funding review?
WSIB funding review is a process where employers report their financial information to WSIB in order to determine their annual premium rates.
Who is required to file wsib funding review?
All businesses in Ontario that are registered with WSIB and have a positive insurable earnings must file a WSIB funding review.
How to fill out wsib funding review?
Employers can fill out the WSIB funding review online using the WSIB's e-filing system or by submitting a paper form by mail.
What is the purpose of wsib funding review?
The purpose of WSIB funding review is to calculate the annual premium rates based on the employer's financial information.
What information must be reported on wsib funding review?
Employers must report their insurable earnings, number of workers, and any changes in their business operations.
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