What is the Workplace Safety Insurance Act?
The Workplace Safety and Insurance Act (WSIA) was created to ensure workers are compensated for work-related injuries and diseases. Its goal is to protect workers from health and safety hazards on the job. As such, it sets out the duties for all workplace parties. It also sets out the practices for managing workplace hazards. And finally, it outlines the enforcement for compliance and penalties for non-compliance.
How the WSIA impacts your business
The WSIA is administered by the Workplace Safety and Insurance Board (WSIB). The WSIB creates the policies for entitlement to benefits and services for injured workers. As per the Act, almost every business in Ontario must register with the WSIB.
The WSIB outline the duties you must meet as an employer. And the associated fines for breaking them. Under the Act, you must:
Report workplace incidents to the WSIB within three days (with some exceptions) if it causes a worker to:
- Lose time from work.
- Earn less than a regular day’s pay.
- Receive healthcare treatment.
You must keep records of any incidents, how they were handled, and the time it took for workers to recover.
You must report any material changes affecting your duties to the WSIB within 10 days.
If you want to make sure you’re staying compliant or just have a question about the WSIA or WSIB, give our experts a call. They’re available 24/7 to help you.
Need help with the WSIA?
If you need any help with the WSIA, we’re here 24/7 to support you. Our experts can help you stay compliant and keep your business running smoothly. We are always ready to answer any questions you have on the WSIA.
Call our friendly advisors today at 1-888-247-3650.