Calculating semi-monthly salary changes?

Here’s a test of your payroll knowledge: Carole was hired effective November 9, 2015. Her annual salary is $66,000 and is paid on a semi-monthly basis. Her regular hours of work are 37.5 hours/week, Monday to Friday. How much should … Continue reading

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“Use it or lose it” Vacation Policies

Test your payroll knowledge: Under her collective agreement, Rose earns the right to 5 weeks of vacation for each completed year of employment. Rose has never taken all the vacation time she’s entitled to and now the time owing is … Continue reading

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Can New Year’s Day be a pay day?

As payroll staff start planning for year-end, one step in this process is to map out the coming year’s payroll schedules. When looking at these, particularly if you pay on Fridays, you will quickly see that January 1, 2016 – … Continue reading

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Employer paid BC MSP premiums – cash or non-cash taxable benefit?

British Columbia is the only province in Canada where monthly premiums are used to support the public health care system. In other provinces, either the income tax system and/or an employer payroll tax is used for this purpose. While premiums … Continue reading

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Time Off for Voting on October 19

I’m sure everyone knows by now that Monday, October 19, 2015, is the date of this year’s federal election. What may not be as well known is the impact this may have on employee hours of work on that day. … Continue reading

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