How Is Workcover Payments Calculated
How Is Workcover Payments Calculated . How are workcover payments calculated? ($1,000 x 0.70 = $700). How JobKeeper impacts taxes Master Electricians Australia from masterelectricians.com.au Workcover wa determines recommended premium rates for each industry and updates the rates annually. However, insurers can discount by any amount or surcharge these rates by up to 75%. In some situations the calculation of pre injury average weekly earnings will be a simple calculation of averaging the workers earnings for the previous 12 months or a lessor period of time when the worker.