The ABC Conglomerate Company has a large retail distribution warehouse in Alberta that has seen a...
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The ABC Conglomerate Company has a large retail distribution warehouse in Alberta that has seen a significant decrease in the level of employment from 2019 to 2020 >A warehouse employee works an average of 2000 hours per year > The data provided covers the full year for both 2019 & 2020 >ABC is a lagging employer and has a WCB surcharge of 30% as a result of their struggling safety program This table provides information related to the warehouse. Average warehouse WCB premium rate per $100 of insurable earnings Number of warehouse employees Average annual salary (earnings) for a warehouse employee Total Recordable Injury Rate 2019 $0.93 2200 $50,000 1.64 2020 $1.02 1800 $55,000 1.96 For the year 2020, how much more does ABC pay in premiums as compared to an average retail distribution warehouse? You may enter a value with or without commas and a decimal point eg 1234567= 1,234,567 Avalue entered within a range of +/-0.25% of the correct response will be accepted as correct Spaces entered in your response are ignored The ABC Conglomerate Company has a large retail distribution warehouse in Alberta that has seen a significant decrease in the level of employment from 2019 to 2020 >A warehouse employee works an average of 2000 hours per year > The data provided covers the full year for both 2019 & 2020 >ABC is a lagging employer and has a WCB surcharge of 30% as a result of their struggling safety program This table provides information related to the warehouse. Average warehouse WCB premium rate per $100 of insurable earnings Number of warehouse employees Average annual salary (earnings) for a warehouse employee Total Recordable Injury Rate 2019 $0.93 2200 $50,000 1.64 2020 $1.02 1800 $55,000 1.96 For the year 2020, how much more does ABC pay in premiums as compared to an average retail distribution warehouse? You may enter a value with or without commas and a decimal point eg 1234567= 1,234,567 Avalue entered within a range of +/-0.25% of the correct response will be accepted as correct Spaces entered in your response are ignored
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Workers compensation covers employees if they get sick or hurt at work or if they get sick because o... View the full answer
Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
Posted Date:
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