< All Courses Country Course

Overview of Payroll in Canada - Learning Payroll 1

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.
Intermediate Level
PPD Certified
In-House Enquiries
Overview of Payroll in Canada - Learning Payroll 1

About this course

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

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 earning
  Net Taxable Income
Statutory deductions
Calculating the net pay