Workers Compensation Board Contributions

Maximize the efficiency of your contribution declarations and payments with the Workers Compensation Board module integrated into SIGMA-HR’s HCM solution. Precise calculations, simplified procedures, guaranteed compliance. Fewer errors, faster processing, always compliant with standards. Streamline your contribution obligations, hassle free.

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Workers Compensation Board Contributions

Reduce Your Workers Compensation Board Contributions

Managing Workers Compensation Board premiums can be complex and time-consuming. SIGMA-HR’s Workers Compensation Board Contributions module offers you optimal control over your annual Workers Compensation Board insurance premiums. Our tool assesses and manages the costs associated with workplace accidents, allowing you to identify potential savings.


Avoid Mistakes

This module provides several features that help minimize errors and optimize the management of costs associated with occupational health and safety.

It performs an automated review of monthly Workers’ Compensation Board statements, significantly reducing the risk of human error. By identifying anomalies and allocation errors, your company can act quickly to correct them and avoid additional costs or penalties.

Easily Dispute Accidents

If you wish to challenge the occupational nature of a work accident or disease, it is important to do so within the legal 45-day period following receipt of the Workers Compensation Board decision. Our software will alert you before this deadline expires, so that you can take action if necessary.

Take a more efficient and less time-consuming approach to managing Workers Compensation Board contributions.


The Best Way to Reduce Your Workplace Accident Costs

With SIGMA-HR’s Workers Compensation Board Contributions module, you will be able to:

  • Calculate the estimated cost of each workplace accident
  • Estimate your rate change date
  • Simulate the impact of legal or preventive measures on your social contributions to assess the return on investment (ROI) of planned actions
  • Project and plan your investments in prevention and risk management
  • Forecast and optimize Workers Compensation Board fund management

Key Features

  • Tracking Workers Compensation Board contributions
  • Calculation of estimated accident costs
  • Projecting Workers Compensation Board contributions
  • Verification of allocations and error analysis
  • Creation of Projection Scenarios (Retrospective Scheme and Customized Rate)
  • Simulation for insurance selection
  • Scenario creation
  • Simulation of the effect of legal or prevention actions
  • Calculation of retrospective plan adjustments
  • Support for contesting decisions

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