Appendix XVII: Estimate of Mandatory Benefits Costs

Note: To calculate vacation pay, use the following calculation.
Total Gross Employment Income x Rate (VP) = Total Vacation Pay

In order to estimate the total employer cost for CPP, EI, and WC, use the following calculation.
(Total Gross Employment Income + Total Vacation Pay) x Rate (CPP) = Total cost of CPP
(Total Gross Employment Income + Total Vacation Pay) x Rate (EI) = Total cost of EI
(Total Gross Employment Income + Total Vacation Pay) x Rate (WC) = Total cost of WC

Optional Benefit Plan information is also available. (For cost information click the "Premium Costs" link for the appropriate plan group)

NOTE: Rates last updated January 16, 2012