Canada | How do I set up the Workers Compensation (WCB) component?

Canada | How do I set up the Workers Compensation (WCB) component?

After setting up the Workers Compensation rates, the Workers Compensation Employer Contribution (New) component must be created on company level before it can be linked to the employee.

Step 1: Create the Workers Compensation Employer Contribution (New) component on company level.

  Navigate > Config > Payroll > Payroll Config > Payroll Components
      

      

      


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NOTE!
If the component should be calculated based on income components other than Regular Pay, enable the below setting under the Payslip Options tab when creating/editing the component.


Step 2: Add the Workers Compensation Employer Contribution (New) component on the Recurring Payroll Components screen.
      Navigate Employee > Payroll Processing > Recurring Payroll Components > Company Contributions