HRdownloads Blog

Money (That’s What They Want): Evaluating Your Pay System

Posted by HRdownloads on Oct 31, 2019 2:30:00 PM

Getting compensation right is important for every business. Employers know this and work hard to provide fair compensation to their employees, but a compensation strategy should encompass more than just the amounts you pay. There are other practical concerns that can interest employees and should be considered in addition to the raw figures.

When was the last time you looked at how you pay your employees—instead of just how much? What about how often you pay your employees? What about when? Many employers figure out their payroll system once and then only address it again if they have to, whether because of some catastrophic failure or somebody new coming in and asking important questions. Yet there’s no reason why employers should wait; the best time to examine payroll is before a problem arises.

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Topics: Compensation

Calculating Overtime: Three Things to Consider

Posted by HRdownloads on Nov 9, 2017 2:30:00 PM

There will likely be a time when every company needs a little extra manpower to meet various work demands. When this happens, employers often look to their staff to help out by working overtime hours. Overtime may be worked for any number of reasons, including meeting specified deadlines, accommodating labour shortages, ensuring the timely completion of projects, or even meeting client needs and demands. Regardless of the reason, employers have an obligation, by law, to ensure that employees are fairly compensated for the work they perform.

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Topics: Compensation

The Bottom Line: Helping You Plan for Minimum Wage Changes [INFOGRAPHIC]

Posted by HRdownloads on Jul 27, 2017 11:30:00 AM

To date, 2017 has been a year of change for minimum wage standards in Canada. In an effort to keep up with the ever-increasing cost of living, several provinces have responded with commitments to minimum wage increases. So far, both Alberta and Ontario have committed to increasing their minimum wage rates to $15 per hour—Alberta by October 2018 and Ontario by January 2019.

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Topics: Compensation, Ontario, Alberta

Pay by the Rules: Managing Holiday Pay

Posted by HRdownloads on Apr 12, 2017 10:21:00 AM

Maybe you’ve come across this before. You’re coming up to a long weekend, and one of your employees decides they’re going to “play hooky” the Friday before a long weekend. Some Canadians might not know that, depending on their jurisdiction, one of the consequences could be that the employee forfeits their holiday pay entitlement.

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Topics: Compensation, HR Management

Equal Pay Day: Closing the Gender Pay Gap

Posted by HRdownloads on Mar 8, 2017 9:52:00 AM

Today is International Women’s Day (IWD), a day to celebrate women and summon global action to achieve gender parity. A common conversation around the world is gender pay gap, which considers the difference in the earnings between men and women.

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Topics: Compensation, HR Management

5 Common Payroll Mistakes and How to Avoid Them

Posted by HRdownloads on Dec 14, 2016 10:08:00 AM

Payroll mistakes, no matter how small, can be costly to any business. Error-free payroll requires immense organization, time management, and knowledge of federal and provincial requirements. Unsurprisingly then, government agencies and ministries find that payroll mistakes occur regularly due to disorganization and poor housekeeping, which causes employers to pay less than they should to their employees, the government, or both.

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Topics: Compensation, HR Management

Taking Care of Business, Every (Holi)day: A Guide to Holidays and Holiday Pay

Posted by HRdownloads on Dec 8, 2016 9:39:43 AM

With the holidays fast approaching, many employees are looking forward to enjoying some time off. Some employees may even look forward to working over the holidays for the extra pay. Of course, legislated (sometimes called statutory, public, general, or paid) holidays are important, as they allow employees to rest and relax or celebrate various important events without a loss of pay.

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Topics: Compensation, Holidays

Don’t Break the Bank – How to Set Competitive Wages

Posted by HRdownloads on Sep 9, 2016 11:30:00 AM

Knowing how to set competitive wages is essential for employers and strategically minded HR professionals who want to see their company succeed and thrive. Competitive wages are central to fundamental elements of business strategy including compensation, productivity, and the profitability of the company.

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Topics: Compensation, HR Management

But Wait, There's More: The Benefits of Unique Employee Incentives

Posted by HRdownloads on Jul 20, 2016 12:01:33 PM

You’ve likely heard about the impressive employee benefits offered at Google, Netflix, or Facebook. Many companies believe that investing in unique employee incentives attracts and retains top performers—and they aren’t wrong! Additional employee perks rank higher than salary in terms of job selection and job satisfaction. While you may not have the funds to offer perks like Google, Netflix, or Facebook, there are plenty of unique and low-cost alternative employee incentives emerging in the job market in order to attract and retain top talent.

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Topics: Compensation, HR Management

Top 5 Employee Complaints and How to Address Them

Posted by HRdownloads on Jul 12, 2016 1:37:08 PM

It would be astonishing to find any company that can legitimately claim to have achieved 100% employee satisfaction. There are many practical and effective steps you can take to boost employee satisfaction and engagement, and address the issues that affect your employees. Doing so can increase employee morale, productivity, and job satisfaction, and result in a variety of benefits for your business, from increased profitability to improved customer satisfaction. Take a look at five top employee complaints, and ways in which you can improve the situation for you and your employees.

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Topics: Compensation, HR Management

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