Overview of Payroll in Canada - Learning Payroll 1

Overview of Payroll in Canada - Learning Payroll 1

  • Country

    Canada

  • learning hour's

    8

  • Material Year

    2022

Overview

Learning Payroll I provides an introduction to the payroll function. Learn about establishing the employee-employer relationship, hiring a new employee, employment standards requirements, taxable benefits and allowances along with the payroll practitioner's key role in withholding statutory deductions from employment income.

This full-day seminar provides opportunities to ask questions, network with other professionals, and learn from best practice examples. Valuable take home materials include Setting-up A New Payroll Checklist and Learning Payroll I printed material.

The first-step in payroll - Learning Payroll I is ideal for:

  • New staff with no or limited exposure to payroll and junior payroll staff
  • Practitioners returning to the payroll field
  • Other professionals who have functional responsibility for payroll (bookkeepers, accountants, and HR professionals)
  • Suppliers providing payroll services to corporate customers.

What will you achieve?

  • Identify concepts of the roles and responsibilities of payroll compliance
  • Identify whether a worker is an employee or independent contractor
  • Describe basic employment standards
  • Recognize common taxable benefits and allowances
  • Understand the basic concepts of payroll deductions
  • Calculate manually to produce a net pay

Course Trainers

  • Pat Glithero

    Canadian Payroll Association

    Pat has been a payroll professional for over 30 years, working in supervisory and managerial positions, primarily in Ottawa and Toronto. She has also been heavily involved with the Canadian Payroll Association, holding the positions of Chair of the Ottawa Branch and Chair of the Ontario Regional Council before being elected to the Association’s Board of Directors in 2000 and serving as Chairman in 2005-2006.

What will be covered?

Introduction:

  • Defining payroll
  • Roles and responsibilities
  • Earnings and deductions
  • Methods of payment
  • Controls and security
  •  

    Employer-Employee Relationship:

  • Employee-employer relationship
  • Hiring an employee
  •  

    Employment/Labour Standards:

  • Minimum wage
  • Pay frequency
  • Pay statement
  • Hours of work
  • Overtime
  • Rest periods
  • Statutory holidays
  • Vacation pay and time
  • Leaves
  •  

    Taxable Benefits and Allowances:

  • Accidental death & dismemberment (AD&D)
  • Group term life insurance premiums
  • Private health care/insurance plan (Quebec only)
  • Registered retirement savings plan
  • Gift and awards
  • Automobile allowance
  • Meal allowance (overtime)
  • Uniforms and special clothing
  •  

    Producing a Regular Pay:

  • Gross earnings
  • Insurable earnings
  • Pensionable earnings
  • Net Taxable Income
  • Statutory deductions
  • Calculating the net pay