• Welcome to Korea Workers’ Compensation & Welfare Service
  • K-COMWEL contributes to the improvement of workers quality of life through optimal
    workers' compensation programs, rehabilitation supports and welfare improvements.

    • Premium Rating

    • WCI/EI Registration & Collection
    • Declaration and Payment of Premiums
    • Premium Rating

    WCI Premium Rating

    WCI premium rating is directly related to premium burdens paid by a member employer. For the purpose of fairness, premium rating according to each business category (business type) is determined according to its occupational accident risks on a basis of the ratio of the total amount of benefits to that of wages for the past 3 years as of September 30 every year.
    ※ Premium rating for 61 business types as of 2009 ranges from 7/1000 to 360/1000 with 18/1000 on average.

    Application of premium rating

    • A single premium rating shall be applied to a single workplace or business.
    • If 2 businesses or more are operated in a workplace, a major business to decide a single premium rating shall be selected in accordance with the following priority:
      ① Business with more workers
      ② Business with the more amount of wages paid (if each business uses the same number of workers or the number of workers engaging in each business couldn't be identified
      ③ Business with the more sales of products or services (if it is difficult to decide a major business in accordance with ① or ② above
     

    EI Premium Rating

    EI premium rating for employment stability & working capacity development services and unemployment benefits are separately determined by taking into account insurance balances and economic situations

    [Premium Rating by EI Service]
    Premium Rating by EI Service
    Service 2009 2010 ~ 2011.3.31. ~ 2013.6.30. 2013.7.1. ~
    Worker Employer Worker Employer Worker Employer Worker Employer Worker Employer
    Unemployment benefits 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.55% 0.55% 0.65% 0.65%
    Employment stability &
    working capacity development    		 Business with less than 150 full-time workers   0.25%   0.25%   0.25%   0.25%   0.25%
    Business with 150 full-time workers or more (Eligible for priority in terms of EI coverage)   0.45%   0.45%   0.45%   0.45%   0.45%
    Business with 150 full-time workers to less than 1,000 full-time workers   0.65%   0.65%   0.65%   0.65%   0.65%
    Business with 1,000 full-time workers or more, national & local governments (business subject to the introduction of occupational training programs)   0.85%   0.85%   0.85%   0.85%   0.85%