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

Answer rating: 100% (QA)

Workers compensation covers employees if they get sick or hurt at work or if they get sick because o... View the full answer