Last month, we conducted our annual employee reviews – and we want to share some tips we learned. If you want your team to contribute to your company’s success, they need to know exactly what’s expected of them – they need actionable objectives. But how do you set the right objectives? Setting Attainable Employee Objectives…
Author: PaymentEvolution
Three Common Canadian Payroll Mistakes – and How We Can You Avoid Them
We get it – even the most seasoned payroll pros make mistakes sometimes. In this post, we examine some of the most common Canadian payroll mistakes and how you can fix them. We’re here to ensure you’re compliant – and our platform makes it easy. Common Canadian Payroll Mistakes Issue 1: Misclassifying Workers One of…
Canadian Employment Standards Legislation: A Simple Employer’s Guide to Termination
It’s an unfortunate reality of managing a business: eventually, you’ll have to terminate an employee. You might have to let someone go for many reasons – some far more pleasant than others – but the reality remains the same. It’s probably not going to be a pleasant conversation. Awkwardness aside, there’s another hurdle you have…
Lessons from the Recession: 4 Ways to Improve Operational Efficiency as a Small Business
In this post, we’ll show you how small businesses can improve operational efficiency during economic challenges.
Canadian Payroll Deductions: Employer’s Guide to Master Deductions
Canadian payroll deductions can be difficult to understand for employers, but it is essential to understand the various deductions that must be made from your employees’ paychecks. Payroll deductions are amounts taken from an employee’s gross pay and paid to various government programs or other organizations. Failing to comply with payroll deduction laws can result…
Important Benefits of Payroll Software for Canadian Non-Profits
As a non-profit organization, you have the desire to serve your community and make a positive impact. But you also have to deal with the administrative tasks of running a business, such as managing your finances, payroll, and taxes. These tasks can be time-consuming, complex, and costly, especially if you rely on manual processes or…
The Best Way to Save: Complete Guide to TFSA, RRSP, & FHSA
There’s a new registered savings account in Canada! Starting in early spring 2023, Canadians can register for a First Home Savings Account (FSHA). The option comes as a response to increasingly inaccessible housing prices across the country. It’s clear that the government wants to provide Canadians with options to make homeownership a reality, but how…
PaymentEvolution is not impacted by the Silicon Valley Bank difficulties.
At PaymentEvolution, we understand the importance of delivering reliable payroll processing services to our customers. As such, we wanted to take a moment to address the recent news regarding Silicon Valley Bank’s (SVB) current situation and its potential impact on our operations. PayEvo does not rely on SVB to fund our customer payroll services and…
How to Navigate Non-Taxable and Taxable Benefits in Canada
It’s time to talk about the ever-changing rules around non-taxable and taxable benefits. As we’ve mentioned before, benefits are a fantastic and affordable way to attract, retain and reward the best talent. But we also know they’re not always straightforward – especially for small businesses. Generally, if you offer employee benefits, you have a list…
Rage Applying: The Proven Signs of Toxic Work Environments
The pandemic has brought about many changes in the workplace, and one of the latest trends is rage applying. This phenomenon involves gen z and millennials applying to multiple jobs to escape their toxic work environments. Rage applying has recently gone viral, following in the footsteps of quiet quitting and the great resignation. But…
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