WCB Alberta Premium Calculator
calculate_wcb_premiumEstimate Alberta Workers' Compensation Board premiums from payroll, worker count, and industry rate. Use this to plan compensation costs.
Instructions
Estimate Workers' Compensation Board (WCB) Alberta premiums based on payroll and industry classification.
Tool call template
Replace each placeholder with a value matching the input schema. Only required parameters are included; add optional parameters as needed.
{
"id": 1,
"jsonrpc": "2.0",
"method": "tools/call",
"params": {
"arguments": {
"total_insurable_earnings": "<total_insurable_earnings>",
"number_of_workers": "<number_of_workers>"
},
"name": "calculate_wcb_premium"
}
}Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| number_of_workers | Yes | Number of workers | |
| industry_rate_per_100 | No | Industry premium rate per $100 of assessable earnings (default: average rate) | |
| total_insurable_earnings | Yes | Total insurable payroll for all workers ($) |