Yesterday’s budget changes rules for electronic T4s!

Yesterday’s federal budget changed the rules under which employers may provide electronic, instead of paper copies of T4 slips to employees. Currently the Income Tax Regulations say electronic access can be provided to year-end slips only if employees have expressly … Continue reading

Gallery | Tagged , , , | Leave a comment

Are employer paid MSP premiums a cash taxable benefit?

I’ve written about this previously, and that article sparked a few comments and some questions. It seems not everyone agrees with my understanding that employer paid MSP premiums are a cash taxable benefit, subject to EI premiums. The distinction between … Continue reading

Gallery | Tagged , , , | Leave a comment

Improving HCM Investment Returns

HR executives seeking corporate approval for new HCM projects must be able to demonstrate an acceptable level of return on the related investments. I would argue the single most important step that can improve these returns is a thorough review … Continue reading

Gallery | Tagged | Leave a comment

How to avoid pitfalls in vacation policies and practices

Three weeks’ vacation at 6%. Sounds easy doesn’t it. However, vacation policies are complex and unless you pay careful attention, it’s easy to stumble. Here’s how to avoid the major pitfalls. Employers often promise employees so many weeks of paid … Continue reading

Gallery | Tagged , , , , , | Leave a comment

Averaging agreements aren’t a silver bullet

Averaging agreements can be useful tools for employers to help manage overtime costs, but they aren’t a silver bullet. Under the BC employment standards, there are three main benefits from calculating overtime based on an averaging agreement: Overtime on a … Continue reading

Gallery | Tagged , , | Leave a comment