Occupational Injuries and Diseases (OID) annual earnings threshold/limit

In this article, we’ll review the Occupational Injuries and Diseases (OID) earnings threshold over the past few years. The Compensation for Occupational Injuries and Diseases Act (COIDA) defines this threshold as the "earnings cap". This is the maximum annual salary used to calculate each employee’s earnings for the OID report. The Compensation Fund assesses employers for COIDA contributions based on this capped amount.

• How to update the OID Annual Limit (earnings threshold) on your payroll (Sage VIP)
• How to update the OID Annual Limit (earnings threshold) on your payroll (Sage Payroll Professional)