Do you spell it paycheck or paycheque? Either way, your employees will want one! Which then leads to "how much should we pay our employees?". As in other countries, in Canada there are several different considerations - some to meet compliance standards like minimum wage and vacation entitlements and others to meet cultural expectations including your company's compensation philosophy and industry or profession market rates.
Hiring Employee Number 1 - here is what to do
Now that you’ve hired that first new employee in Canada, there are several steps in the actual hiring process you need to complete to be compliant with Canada Revenue Agency, Service Canada, provincial Employment Standards and provincial Workplace Safety and Insurance board. Plus you will want to set them up for success with a welcoming and productive onboarding program. This article digs into how to prepare for the all important employee number one, from payroll accounts to culture setting.