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The Phoenix pay system is a payroll processing system for Canadian federal government employees, provided by IBM in June 2011 using PeopleSoft software, and run by Public Services and Procurement Canada. The Public Service Pay Centre is located in Miramichi, New Brunswick.
The National Payroll Institute, formerly the Canadian Payroll Association (CPA), represents Canadian employers' payroll interests. Canada's 1.5 million employers annually pay $929 billion in wages and taxable benefits, $310 billion in federal and provincial statutory remittances, and $180 billion in health and retirement benefits, as well as ...
This is a list of post-nominal letters used in Canada. The order in which they follow an individual's name is: Distinctions conferred directly by the Crown. University degrees. Memberships of societies and other distinctions. Normally no more than two are given, representing the highest award of each type. [1]
Signing bonus. A signing bonus or sign-on bonus is a sum of money paid to a new employee (including a professional sports person) by a company as an incentive to join that company. [1] They are often given as a way of making a compensation package more attractive to the employee (e.g., if the annual salary is lower than they desire).
The federal, provincial, and territorial governments all regulate labour and employment law in Canada, with the federal government regulating a few particular economic sectors and the provinces and territories regulating all others. The constitution [1] gives exclusive federal jurisdiction over employment as a component of its regulatory ...
Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...
Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. [1] By law, some payroll taxes are the responsibility of the employee and others fall on the employer, but almost all economists agree that the true economic incidence of a payroll tax is ...
The predecessor of Tangerine, ING Bank of Canada (using the trade name ING Direct), was founded in April 1997 and operated as a telephone banking service offering savings accounts. It was the first test market for ING Group's direct banking business model, where the aim was to offer more favourable rates to customers by avoiding the costs of ...
A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously ...
Income taxes in Canada constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the fiscal year ending March 31, 2018, the federal government collected just over three times more revenue from personal income taxes than it did from corporate income taxes. [1]