Schedule 1 and Schedule 2 employers

A buyer checking how the target’s workers’ compensation is funded meets these terms on its account with the Workplace Safety and Insurance Board. This entry covers Ontario only; check the rules where you are.

How the two groups differ

The insurance plan applies to every worker employed by a Schedule 1 or Schedule 2 employer, subject to the exceptions in s.11. For Schedule 1 employers, the Board determines the total premiums each year to maintain the insurance fund (s.81). Every Schedule 2 employer is individually liable to pay benefits for workers employed on the date of the accident, and reimburses the Board for payments it makes on the employer’s behalf (s.90). If the Board considers it necessary for the prompt payment of benefits, it may also require a Schedule 2 employer to pay a deposit (s.92). Regulation 175/98 lists the industries in each schedule.

What to ask

• Which schedule the target’s industry falls in.
• For a Schedule 2 employer, which claims it must still reimburse.
• Whether the buyer’s own activities fall in the same schedule.

See what a WSIB clearance certificate is and the entry on a classification unit.