WCB/WSIB Financial Management

Comp Advantage Inc. provides a complete financial improvement strategy. A current state assessment of WCB/WSIB position for the client will provide a reliable basis and direction for the development of a prioritized WCB/WSIB management strategy. Recommendations are derived from analysis of key financial documents including experience rating statements, accident cost statements and statements of account. Issues involving payroll reporting to the WCB/WSIB, proper Rate Group Classification, and opportunities for cost savings will also be reviewed through this process.

SERVICE ELEMENTS:
WCB/WSIB Current State Assessment
Experience Rating/Merit Adjustment Projections
WCB/WSIB Rate Group Classification Issues / Appeals
WCB/WSIB Payroll Reporting
WCB/WSIB Certificates of Clearance
Accident Cost Statement Analysis - Monthly
Successor Employer Strategy
Experience Rating Adjustments / Penalty Appeals
Workwell
WCB/WSIB Schedule 1 vs Schedule 2 Designation

SERVICE MODEL:
Services are delivered as a complete package or on an issue specific basis. Flexible fee structures may include, but are not limited to, Annual Contract, Hourly Rated, Project Based, and Contingency Cost Recovery. Service models are designed to suit individual client need and preference.