Category Archives: Best Practices

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

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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

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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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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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Using Excel to Balance Year-End

A fundamental payroll responsibility is to ensure that year-end slips are completed with 100% accuracy. It’s hard to imagine how the checking and balancing required to meet this responsibility could be done without mastering Excel fundamentals. Here’s a best practice … Continue reading

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