WorkSafe
- Company typePublic
- Founded1985
- HeadquartersGeelong, Australia
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What WorkSafe does
WorkSafe Victoria is a statutory authority of the Victorian State Government, established under the Accident Compensation Act 1985 and operating under the Occupational Health and Safety Act 2004. It functions as both the workplace safety regulator and the monopoly provider of workers' compensation insurance (WorkCover) for the state of Victoria, Australia. The agency is headquartered in Geelong at 1 Malop Street, employs between 1,001 and 5,000 staff, and is supervised by the Minister for WorkSafe (currently Deputy Premier Ben Carroll). Its mandate combines prevention, enforcement, insurance underwriting, and return-to-work support for every employer and worker operating in Victoria.
The agency's product surface is built around a set of digital platforms anchored by the main WorkSafe Victoria website, the myWorkSafe portal for licence management, incident notifications and Service Victoria-integrated identity, and the Online Employer Services (OES) platform for WorkCover insurance administration, premium payments and remuneration updates. Supporting systems include an Incident Notification System (phone at 13 23 60 plus online submission within 48 hours), a multi-purpose Report to WorkSafe hub, and digital licence issuance across high-risk categories such as blasting explosives, dangerous goods, engineered stone, high-risk work, plant registration and pyrotechnician licences. Content is published in more than 20 languages, and a free Translating and Interpreting Service is available via 131 450.
WorkSafe Victoria earns revenue primarily through recurring WorkCover insurance premiums paid by employers (priced on industry classification, payroll, claims history and risk profile) and through one-time fees for licences, permits and registrations. The agency does not operate as a commercial enterprise; its funding structure, governance and statutory powers are defined by Victorian legislation, and its financial figures are not publicly disclosed. Strategic activity in 2025 centred on the commencement of the Occupational Health and Safety (Psychological Health) Regulations 2025, expanded enforcement (including a record $3.4 million workplace manslaughter fine), the WorkSafe Awards 2027 program, the 'Don't Cross The Line' psychological health campaign, and the continued operational relationship with Return to Work Victoria.
WorkSafe firmographics
Firmographics- Name
- WorkSafe
- Legal name
- WorkSafe Victoria
- Website
- https://worksafe.vic.gov.au
- Company type
- Public
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
WorkSafe industry classification
Industry- Product category
- Workers' Compensation Insurance
- NAICS
- Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs) (92313)
- akta.pro primary industry
- Work Injury & Workers’ Compensation / Occupational Injury Benefits (BPAIAKAJ)
- akta.pro secondary industries
- Disability & Leave Administration (STD/LTD/FMLA/Paid Leave) (HLAEALAM), Occupational Health & Worksite Health Virtual Care (fit-for-duty, RTW) (HLALADAM)
Keywords
Where WorkSafe is headquartered
LocationHeadquarters
- HQ city
- Geelong
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
WorkSafe business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- WorkCover Insurance Premiums: WorkSafe Victoria operates as the workers' compensation insurer for Victoria, collecting premiums from employers to fund workplace injury claims, return to work programs, and regulatory operations.
- Regulatory and Licensing Fees: Fees collected for licences, permits, and registrations required for high-risk work and hazardous activities under OHS regulations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | WorkCover insurance premiums are risk-based and tailored to each employer. |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
WorkSafe product offering
Product offeringCore offering
WorkSafe Victoria operates as Victoria's statutory workers' compensation insurer and workplace safety regulator, selling WorkCover insurance to employers and enforcing compliance with the Occupational Health and Safety Act 2004. Core offerings include WorkCover insurance premiums (recurring), digital platforms (myWorkSafe, Online Employer Services) for licence and policy management, incident notification and investigation services, return-to-work and rehabilitation support for injured workers, high-risk work licensing, and psychological health resources aligned with the 2025 Psychological Health Regulations.
Product overview
WorkSafe Victoria operates as a unified government platform providing workplace health and safety services to Victorian employers and workers. The core offering consists of the main WorkSafe Victoria website serving as the primary information hub, complemented by dedicated digital portals including myWorkSafe for licence and notification management, and Online Employer Services (OES) for WorkCover insurance administration. Key service modules include incident reporting, claims processing, licensing and registration services, and psychological health resources. The platform also provides multi-language support across 20+ languages and integrates with Service Victoria accounts for identity verification.
Differentiator
Problem solved
Functional benefit
Products and services
- WorkCover Insurance Statutory workers' compensation insurance product sold to all Victorian employers to fund workplace injury claims, return to work programs, and regulatory operations. Premiums are risk-based and tailored to employer industry, payroll, claims history, and risk profile.
- myWorkSafe Portal
Quantifiable outcome
- Record $3.4 million fine for workplace manslaughter - demonstrating enforcement capabilities.
- +1 more outcomes
Companies that use WorkSafe
Customer profileSegments3 records
Ideal customer profiles3 records
WorkSafe technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
WorkSafe partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Return to Work VictoriacoreReturn to Work Victoria is an affiliated initiative focused on improving return to work outcomes for injured workers. WorkSafe Victoria hosts information about Return to Work Victoria programs and innovation initiatives on its platform to support workers' recovery and reintegration.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
WorkSafe competitors and assessment
Company assessmentPeers
Direct peers
- ReturnToWorkSA: South Australian statutory authority administering the Return to Work scheme for work-related injuries. Comparable in being a state-level monopoly workers' compensation scheme with employer premiums, claims management, and recovery services.
- icare (Insurance & Care NSW): Statutory workers' compensation insurer and care provider for NSW. Direct peer to WorkSafe Victoria — both operate monopoly state-level workers' comp schemes with integrated injury prevention, claims management, and return-to-work mandates.
- WorkCover Queensland: Queensland's statutory workers' compensation authority providing WorkCover insurance, rehabilitation, and return-to-work services. Directly comparable to WorkSafe Victoria in mandate, scale, and statutory monopoly position within its state.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
WorkSafe social profiles
Digital presenceWorkSafe financial estimates
Financial estimateRevenue estimate
Valuation estimate
WorkSafe leadership team
Management profileNumber of profiles
WorkSafe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WorkSafe M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WorkSafe
What does WorkSafe do?
WorkSafe Victoria operates as Victoria's statutory workers' compensation insurer and workplace safety regulator, selling WorkCover insurance to employers and enforcing compliance with the Occupational Health and Safety Act 2004. Core offerings include WorkCover insurance premiums (recurring), digital platforms (myWorkSafe, Online Employer Services) for licence and policy management, incident notification and investigation services, return-to-work and rehabilitation support for injured workers, high-risk work licensing, and psychological health resources aligned with the 2025 Psychological Health Regulations.
Is WorkSafe a public or private company?
WorkSafe is a public company. It is classified as state government owned and is currently operating.
When was WorkSafe founded?
WorkSafe was founded in 1985. It employs 1,001 to 5,000 people.
Where is WorkSafe based?
WorkSafe is headquartered in Geelong, Australia, in the Oceania region.
How does WorkSafe make money?
Two revenue lines are on record. WorkCover Insurance Premiums are the primary driver. The others are regulatory and Licensing Fees.
Who are WorkSafe's main competitors?
WorkCover WA is listed as a peer. Direct peers are ReturnToWorkSA, icare (Insurance & Care NSW) and WorkCover Queensland.
Does WorkSafe have an API?
No public API is recorded for WorkSafe.
What industry is WorkSafe in?
WorkSafe's product category is Workers' Compensation Insurance. Its primary akta.pro industry code is BPAIAKAJ, Work Injury & Workers’ Compensation / Occupational Injury Benefits, with a secondary code of HLAEALAM, Disability & Leave Administration (STD/LTD/FMLA/Paid Leave). Its NAICS code is 92313.