Workers Compensation
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PIR is a voluntary financial incentive program operating through the combined efforts of the Alberta Workers Compensation Board (WCB), Alberta Human Resources and Employment and industry Partners. The program is administered through the WCB, with financial incentives tied to WCB premium rates.
PIR is designed to encourage employers to reduce the human and financial losses of Alberta businesses, resulting from workplace injuries. Employers earn financial incentives through developing and implementing effective injury prevention and claims management programs.
Eligibility requirements for receiving financial incentives through PIR include achieving a Certificate of Recognition (COR).
The WCB recently completed an extensive consultation process to develop a new design for the PIR program to better meet client needs in the year 2000. Consensus on the design for the new PIR model was reached in September 1998 and implementation is scheduled for January 1, 2000.
How do you Benefit?
PIR is an incentive based program, designed to encourage employers to develop and implement effective health, safety and disability management systems to reduce losses associated with workplace injuries. PIR 2000 has no penalties attached to participation.
There are three ways to earn a premium discount in the PIR 2000 program:
This measure is of benefit to employers who have achieved the maximum reductions possible under the Improving Your Performance measure.
Please contact Eagle Ventures to find out more information and to setup an appointment to discuss your company requirements.
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