Industry classification

Employers in Saskatchewan are grouped by industry. Their industry is the work trade or service a business is in. The classification structure consists of three levels: schedules, groups and class codes. Premium rates are set at the group level. For example, if your primary business activity is operating a charter bus service, you would be part of the transportation industry in Schedule T. Your industry group would be T42 and your class code would be T4206 – Commercial bus operations. The classification has 10 schedules and 50 industry groups.

For example:

Under the collective liability Meredith Principle, employers classified in the same industry group pay the same industry premium rate to cover the cost of insurance in their industry group. Collective liability means the money is pooled in the insurance fund and all claim costs are paid out of the pool. This means all employers share the total cost of the compensation system.

To change your classification if the nature of your business has changed, is misclassified, or has added operations in an additional industry, please fill out the Classification Change form.