Experience Modification Rate (EMR) is a workers’ compensation multiplier that starts at 1.0 and commonly ranges from .75 to 1.25, based on a business’ claims history. The EMR determines how an employer’s workers’ compensation premium is modified—i.e., higher or lower—for a given job-related class code. Businesses that have an EMR above 1.0 due to poor... The post Experience Modification Rate & How to Lower Workers’ Compensation Costs appeared first on Fit Small Business. from https://fitsmallbusiness.com/experience-modification-rate/
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AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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