As a new business in or immigrant to Canada, one of the things you’ll prepare for is adapting to the new culture or even “culture shock”. One way to reduce the negative aspects of entering a new culture is to learn about it in advance and understand what may be different from the culture you are used to.
So what is Canadian culture? This article will explore both the research and some practical things you can notice and embrace to have your company thrive in Canada.
As a growing business it may seem like an easy answer – just hire everyone as an independent contractor. No payroll account with Canada Revenue Agency (CRA) to remit income taxes, no vacation entitlement, Employment Insurance (EI) premiums or Canada Pension Plan (CPP) contributions and even the Worker’s Compensation insurance burden goes to the contractor. The contractor invoices and the company simply pays during the next cheque run. When the company reorganizes or needs different skills, just not renew or immediately terminate the contract with the contractor. Easy right? Wrong.
Ensuring you have the right talent for your team as you start, grow and change is vital to your business. It is not just having the right people but also the right roles and type of working relationships that suits your organizational structure. One way to think of it, is a company can Buy, Build or Borrow talent. Read on to delve into the possibilities.
