Proposed policy amendments regarding compensation of principals

The deadline for comments is 4:30 pm on Friday, August 17, 2007.

1.

Please enter your contact information. This information will allow WorkSafeBC staff to contact you should follow-up be required.

Please note that anonymous submissions will not be considered. All comments become part of the Policy and Research Division's database and may be published, including the identity of organizations and those participating on behalf of organizations. Personal information (e.g., personal email address) of those who have participated on their own behalf will be kept confidential according to the provisions of the Freedom of Information and Protection of Privacy Act.
Name:
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Title:
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Organization:
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Feedback is provided
  from a worker's perspective, or
from an employer's perspective

2.
 A copy of your submission will be emailed to the email address you enter below.
 
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3.
 Are you a principal of a corporation or similar entity (for example, a limited liability partnership, association, or society, etc.)?
 
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4.
 Please indicate your preferred option: [Required]
1 - Status quo - Principals would continue to receive compensation based on an estimate of a reasonable wage for their work in situations where they had nominal or no earnings, unlike other workers. The firms of such principals would continue to pay little or no assessment premiums for their work.
2 - Compensate principals based on their actual earnings - Policy would provide that a principal will be compensated based on his or her actual earnings (subject to the statutory maximum), as other workers are. Policy would also provide that a principal's earnings may include dividend and shareholder loan payments. A description identifying a principal would also be added to policy.

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An acknowledgment of receipt of your comments and a copy of your submission will be provided by return email.