Payments and injury insurance
Incentive payments
You can receive up to $26,000 depending on the gross earnings of the worker you employ. The payments you might be eligible to receive through WISE are shown in the table below. Please note: you can’t claim amounts for weeks 13, 26 and 52 until after the expiry of those periods.
|
Period |
Payment amount |
|
Week 1 |
An initial payment of $2,000. |
|
Week 13 |
30% of the gross earnings paid to the worker for the preceding 13 weeks capped at $8,000. |
|
Week 26 |
30% of the gross earnings paid to the worker for the preceding 13 weeks capped at $8,000. |
|
Week 52 |
30% of the gross earnings paid to the worker for the preceding 26 weeks capped at $8,000. |
WISE payment example
Worker name - Ann Smith
Job - receptionist
Gross wage per week - $980
WISE Employer Subsidy - initial payment - $2,000
Week 13 payment
Gross wages paid for 1-13 weeks = $980 x 13 = $12,740
WISE reimbursement = 30% of $12,740 = $3,822
Week 26 payment
Gross wages paid for 14-26 weeks = $980 x 13 = $12,740
WISE reimbursement = 30% of $12,740 = $3,822
Week 52 payment
Gross wages paid for 27-52 weeks = $25,480
WISE reimbursement = 30% of $25,480 = $7,644
Total reimbursement to WISE employer = $17,288
Injury insurance
What if a worker is injured on a WISE placement?
If your worker gets a new injury in their first year of employment through WISE, this new claim is excluded from the calculation of your premium, so there is no impact on your WorkSafe injury insurance. You are obliged, however, to pay the employer excess which is the first 10 days of weekly payments and the first $610 of medical and like services (correct as at 1 July 2011- indexed annually).
