Payroll Management Blog

Hybrid HR Services, Outsource HR, or In-House HR: Making the Right Human Resources Investment

A  glance at the “Quick Facts” below makes it clear that there are advantages and disadvantages to both outsourcing and in-house sourcing HR services such as HR Management, HR Payroll Management, Recruiting and PEO or EOR services. For this reason, most workplaces are hybrid, depending on the scope of operations. […]

Ten Steps to Implementing Personalized Payroll Benefits: Tailoring Packages for Lifestyle, Health, Skills, and Security

In today’s competitive job market, attracting and retaining top talent requires more than just offering a competitive salary. A comprehensive benefits package can be a game-changer, but traditional one-size-fits-all benefits are no longer cutting it. Personalized benefits allow employees to tailor their benefits packages according to their individual needs. Whether […]

Payroll Managers’ Guide to Earned Wage Access (EWA): Flexible Payroll Solutions

Earned Wage Access (EWA) has recently emerged as a pivotal innovation in the landscape of employee benefits. Essentially, it allows workers to access a portion of their income as they earn it, rather than waiting for the traditional payday — with the focus on an easily accessible employee benefit rather […]

2024 Payroll Management: 50 Crucial Stats Every Payroll Manager Must Know for Cost Reduction and Efficiency

Managing payroll effectively requires understanding key statistics and trends. With 91% of companies utilizing a payroll system and 54% using cloud technology,  tech plays a critical role. A majority (74%) are moving towards —- or have already implemented — cloud-based payroll technologies, and a significant portion (88%) either have or […]

Remote Work and Payroll Management: Navigating the Challenges in Canada

With an accelerating shift to remote work environments, companies are continually challenged to manage their payroll efficiently and effectively. For Canadian employers, payroll management can become particularly complex when dealing with remote workers both within Canada and abroad. One promising solution many firms have embraced is payroll outsourcing. Here, we […]

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7 Statistical Benefits of Payroll Management Services for Canadian SMEs

Quick Facts on Payroll Management for Small to Medium Enterprices Over 50% of Canadian SMEs outsource their payroll management services. [1] Efficient payroll management services can reduce errors in payroll processing by up to 40%.[1] SMEs that outsource payroll management services save an average of 18% on operational costs. [3] […]

Salary survey: What are Canadian employers planning for 2024 and which sectors will see the highest increases?

Salary increases are a key component of any compensation strategy. They reflect the economic conditions, the labour market dynamics, and the organizational performance and objectives. They also influence the attraction, retention, and motivation of employees, as well as their satisfaction and engagement at work. But how do Canadian employers plan […]

Survey 2024: Canadian Employers Expected to Raise Salaries 3.6 percent — Average of 700 Companies Surveyed

A survey of 700 Companies indicated  has that in 2024, pay cheques will, on average, boost of 3.6%. The negative expectations in the overall economy mean that this salary raise is certainly welcome, even though it isn’t as high as it has been in previous years. [1] The senior principal […]

Benefits Gap Continues in Canada — Research Indicates the Specific Gaps Between Employee Wants and What is Provided

As the landscape of employee expectations continues to evolve, Canadian employers are faced with the challenge of keeping pace. Despite considerable strides in certain areas, there remains a tangible gap between what employees desire and what their employers currently provide. This article delves into the findings from the Canada Innovative […]

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