Registering with
Worker's Compensation Board (WCB) is required for most businesses In Yukon within 10 days of hiring their first employee. Some types of businesses are exempted from mandatory registration with
WCB based on the activities (
Examples are banks, insurance companies, hair salons (with exceptions), private schools or daycares, travel agencies, etc.) but many employers in these industries choose to register with the
WCB anyways for protection to their workers.
WCB registration is more important for small businesses and start-ups to provide financial security in the event of a workplace accident.