Change to COR incentive payment method:Lisa Thibault
WorkSafeBC has announced that beginning in May/June 2021, Certificate of Recognition (COR) financial incentives will be credited directly to the WorkSafeBC assessment account of participants who meet the program’s incentive eligibility criteria. This means incentive amounts will automatically be applied towards the oldest outstanding amount on the employer’s WorkSafeBC account or as a credit towards their next premium if they have no outstanding balance. Incentive payments were previously mailed as physical cheques.
WorkSafeBC is making this change to reduce the number of paper cheques it distributes, in accordance with best practices within the industry. Benefits of this change will include eliminating delays in reimbursement created by mail delivery disruptions and outdated address information, reducing the time required by employers to deposit incentives, and reducing our environmental footprint.
Please visit worksafebc.com to learn more about COR incentives or email [email protected] if you have any questions.