The Experience Rating Programme is for medium to larger businesses who have paid more than $10,000 in annual Work Account levies in each of the last three years. The programme ensures the levy charged to a business reflects how well, compared to similar businesses, it:
- reduced the incidence of injury to its workers
- supported injured workers to return to work.
To be able to fairly compare businesses, every business is allocated a classification unit (CU) that best represents its primary activities. CUs with a similar frequency and severity of injury are grouped into one Levy Risk Group (LRG). The Work Account levy for a business, before any experience rating adjustment (i.e. levy adjustment based on claims history), is set through the LRG the business belongs to.