Pub. 2 2020 Issue 6

The NHADA Workers’ Compensation Trust board of trustees has approved a 5% reduction in rates for the 2021 fund year. This is the third year in a row that the WCT has reduced rates by 5% – with a zero increase in 2018 and a 4% decrease in 2018, and a 5% decrease in 2016. In 2021 Members will see a reduction in rates by classification code ranging from -4.4% to -6.9%

Iwish I could say this is not a question we are getting here at NHADA-WCT but not only are we getting it; we are getting it more frequently. The number of positive cases in New Hampshire are increasing. Experts warned of a “second wave” and of the complicating factor of the flu and further compounded by the cool weather moving folks inside.

Through a unique partnership between the New Hampshire Automobile Dealers Association (NHADA) and the Community College System of New Hampshire’s Auto Tech programs, local workers are headed back to the classroom to boost their skills free of charge. The NHADA “Workforce Training Reimbursement Grant” will be tapped to send dozens of employees to various advanced automotive technology programs at schools like Lakes Region Community College.

If you don’t like the weather…
The 2020 business environment for those in the New Hampshire auto industry has reminded me of the phrase, “If you don’t like the weather, wait five minutes.”