2020 Premium rates manual: Class E5 - Machinery, electrical equipment and miscellaneous manufacturing

(disponible en français en octobre)

Number of
businesses
Percentage of
all Schedule 1
businesses
Percentage of all
Schedule 1 insurable
earnings
(2018)
Percentage of
class at or below
class rate
(2020)
Percentage of
class above class
rate (2020)
Percentage of class
projected below or at
class rate
Percentage of
class projected
above class rate
4,342 1% 3% 38% 62% 35% 65%
Class E5 - Machinery, electrical equipment and miscellaneous manufacturing Number of
businesses
Percentage of
businesses in
the class
Percentage of class
insurable earnings
(2018)
Percentage of
businesses at or below the class rate (2020)
Percentage of
businesses above
class rate (2020)
Percentage of
businesses projected
below or at class rate
Percentage of
businesses projected
above class rate
Electrical equipment, appliance and component manufacturing (335) 498 11% 19% 65% 35% 59% 41%
Machinery manufacturing (333) 1,967 45% 66% 34% 66% 31% 69%
Miscellaneous manufacturing (339) 1,877 43% 14% 35% 65% 33% 67%