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WSIB double rebates for smaller businesses extended

DCN-JOC News Services
WSIB double rebates for smaller businesses extended

TORONTO — In order to help smaller businesses prioritize improving health and safety, extra incentives through the WSIB’s Health and Safety Excellence program, announced in June 2022, are being extended through the end of 2024.

The move means smaller businesses with up to 99 full-time employees can earn double the rebates in both 2023 and 2024 and receive $1,000 towards their health and safety plan in 2023 and 2024.

According to a recent study, employees at small businesses were 44 per cent more likely than those at large ones to experience a work-related injury, likely due to weaker health and safety policies and procedures, states a WSIB release.

The Health and Safety Excellence program connects Ontario businesses with approved providers in their industry or community who help design a plan based on 39 available health and safety topics and for each topic completed, businesses can earn a rebate on their WSIB premiums, adds the release. 

“Extending the additional incentives to the end of 2024 to help even more smaller businesses double their rebates while creating safer workplaces wasn’t a hard decision,” said Rod Cook, vice-president of Workplace Health and Safety Services at the WSIB, in a statement. “Every business that invests in health and safety means fewer injuries in the long run so it’s important for us to help however we can.”

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