WorkplaceNL holds discounted average assessment rate

Effective January 1, 2022, WorkplaceNL will hold the average assessment rate paid by employers at $1.69 per $100 of payroll, including a temporary $0.21 average discount.

In total, 73 percent of employers will have no change or a lower annual assessment rate and 27 percent of employers will have a higher rate in 2022.

The industries with the largest decrease in assessment rates are logging and forestry and agriculture. The industries with the highest increases are educational services, and finance and insurance.