
The Payroll Edge
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Insights and commentary about Canadian payroll tax, payroll deductions, payroll services, and HR regulatory compliance. The Payroll Edge is a one-stop payroll and human resource solution for companies expanding into North America.
The Payroll Edge
5M ago
If you’re hiring remote workers, interviewing candidates who are relocating, or just choosing a less cumbersome interview method, virtual interviews are becoming commonplace in today’s recruitment and hiring process. If you’re unfamiliar with virtual interviewing—whether video interview or phone interview—it can be difficult to feel comfortable.
Whether necessary or by choice, research shows that candidates actually prefer virtual interviews. One study found that 45% of respondents liked being able to interview without travel, while 37% felt less intimidated than they would by in ..read more
The Payroll Edge
6M ago
When most people think of outsourcing employees, they think of outsourcing specific roles to qualified candidates. There is another option: employment outsourcing. When organizations work with an employer of record (EOR), the EOR becomes the legal employer for the worker for the duration of their employment. There are also professional employment organizations (PEO) that act as co-employers with the hiring organization to share the responsibility of employment. Outsourcing employment often goes hand-in-hand with outsourcing HR. Both can benefit small or large organizations.
What is outsourcin ..read more
The Payroll Edge
6M ago
If you’re the owner of a Canadian company looking to expand to the US, you might be thinking about sending some of your top employees across the border to oversee the efforts instead of monitoring from afar. Or, perhaps you are a Canadian professional being sent on an assignment to the US branch of your company. You may even be part of an American firm hoping to source and hire top talent, no matter where they live.
It’s likely you’ve already done some research into the various visas available to Canadian professionals working in the US, so you’re aware of the TN 1 Visa. Now that the Un ..read more
The Payroll Edge
7M ago
There is a long list of items that need to be checked off when hiring internationally—whether you’re simply hiring over the border or across an ocean. This is because of the differences in labor laws covering everything from maternity leave to termination to payroll taxes. One that many organizations don’t plan for is employee compensation.
Surely if an organization is planning to hire in other countries, they have a plan for how much they can offer. What they often don’t consider, though, is that the salary expectations may differ when hiring across borders.
So, how ..read more
The Payroll Edge
7M ago
Though there are a variety of deductions made from every employee's paycheck, payroll taxes are a specific subset of deductions made that do not include income tax or other deductions made by the employer. Payroll taxes are set at the federal level as well as the state/province and local levels. They typically go towards funding public programs that benefit the employee.
Though payroll taxes are applied to employees in both Canada and the United States, the programs they fund and the tax rates vary. Since taxes are paid based on where the employee works from, it is important for t ..read more
The Payroll Edge
8M ago
If a U.S. company is hiring across the border in Canada, then they will need to understand how the labor laws differ in each country—and sometimes each province. One of the labor laws U.S. companies need to pay close attention to is maternity leave. Canada maternity leave and parental leave regulations sometimes referred to as EI maternity leave, and FMLA maternity leave in the United States differ greatly. So, it is very important that companies looking to hire in Canada have an in-depth understanding of the differing legislation.
Maternity Leave in the United States
To understand the ..read more
The Payroll Edge
9M ago
Work culture outside of the United States is often very different than what we may be accustomed to. This is particularly true when it comes to the termination of employment. Unless it is explicitly written into the employee contract, at-will employment is the expectation in the U.S. In Canada, however, the concept of at-will employment does not exist.
So, for those looking to expand their organization across the border into Canada, they will need to understand the Canadian labor laws and employee termination laws of each province.
What is At-Will Employment?
At-will employment ..read more
The Payroll Edge
9M ago
The COVID-19 pandemic caused chaos and created uncertainty across the business world. Two years in, we’ve seen a lot of change not just in how we handle illness but in how we prefer to work. Unfortunately, with a resurgence of cases in many countries, we may start to see mask mandates and other preventative measures return. Though Europe and North America are believed to be in the endemic phase, cases are expected to surge even more this winter with many countries already seeing spikes. The COVID tracker shows the U.S. with around 92 million cases while Canada has around 4 million.   ..read more
The Payroll Edge
11M ago
An estimated 82 million U.S. employees are affected by payroll problems, with about a quarter of all workers dealing with paycheck errors. The IRS has estimated that around one-third of employers make a payroll mistake in any given year, collecting nearly $7 billion in penalties for 2021. The average cost of these mistakes to employers clocks in at nearly $850 per year.
Though it may seem like a straightforward process, payroll can actually be a complex and time-consuming process for employers. Mistakes and discrepancies can cost you by way of violations, penalties, and fines. As a glo ..read more
The Payroll Edge
1y ago
For nearly two years, many employers have been managing a remote workforce. Although some employees have returned to the office since the beginning of the pandemic, many will likely never go back to a physical office, and many organizations are permanently moving to a hybrid work model.
A workforce with both remote and in-office employees presents unique challenges for managers to navigate. Here are our top tips for managers to make this new dynamic work in the best interests of their employees and the goals of the business.
Offer Support
With a hybrid team, managem ..read more