Do you want to save money and have healthier, safer workplaces?
Then PRIME, the Commission’s employer incentive program, is for you. Under PRIME, employers can impact the assessments they pay by meeting their practice requirements and managing their claim costs under the experience incentive.
The PRIME recognizes an employer for good occupational health and safety (OH&S) and return-to-work practices through a 5% refund on average annual assessments. The experience incentive applies refunds, charges, or neither depending on the employer’s claim cost experience. These financial incentives are calculated annually when employer payroll and occupational health and safety statements are processed. The practice incentive is now fully implemented and employers must meet those requirements before they can qualify for additional refunds under the experience incentive.
The PRIME requuirements brochure outlines the 2008 practice incentive requirements for all eligible employers. It also gives some information on the experience incentive. For complete details on eligibility, employer categories and PRIME policies, visit our website at practice incentive experience incentive.