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Breakdown of the 2016 Assessment Rates for the construction industry.

 

Workplace NL has announced that the average base assessment rate for the construction industry for 2016 would be $2.02 per $100 of assessable payroll.  This represents a 12% decrease over the previous year and, in fact, the average assessment rate in the construction industry is less than half what is was 10 years ago.  Furthermore, the average rate in the construction industry is substantially lower than the average provincial rate of $2.20 across all industries.

Construction Rates 2015 2016 Comparison

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