Small Business: CA

Payroll is a non-negotiable aspect of doing business — it’s also one that you can’t mess up. You’re not only dealing with the livelihood of your employees, but the Canada Revenue Agency (CRA) is pretty unforgiving when it comes to payroll errors. So how can you streamline payroll to optimize processes and pave the way […]

On March 28, 2023, the government released its federal budget for 2023, titled “A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future” (Budget 2023, for short). As inflation has created significant financial hardships for many Canadians, Budget 2023 proposed measures to provide various relief to both small businesses and individuals, while simultaneously tightening certain […]

New employees can be vulnerable, out of their element, stressed, and eager to please. Instead of providing a nurturing environment and offering instant validation, however, many businesses expect their new hires to turn into genuine attack dogs in a matter of weeks, providing little training coupled with high expectations. Given that the newest workforce generation […]

Company of one? If you’re the only owner of your business and you haven’t formally incorporated, you’re a sole proprietor. If you work for yourself with your main source of income stemming from this business, you’re also self-employed. Congratulations and welcome to being a self-employed sole proprietor. According to the Canada Revenue Agency (CRA), a […]

A year can be divided in multiple ways: 52 weeks, 365 days, or 12 months. This means there are different payroll schedules that a business owner can follow — weekly, bi-weekly, semi-monthly, or a combination of a few. How do you know which payroll frequency is the most optimal for your business? While there are […]

Offering bonuses is a great way to reward and retain top talent—but it often comes with questions from employees about why so much is withheld for taxes. As an employer or payroll service provider, understanding bonus tax in Canada allows you to answer those questions confidently, ensure compliance, and even optimize how bonuses are processed […]

You sifted through the hiring pool, you found the ideal candidate for your small business that checks off all your boxes, you made the offer and they accepted. Congrats on hiring your first employee! The next step in the process is onboarding your employee. In other words, bringing them onto the team, getting them started […]

As a small business, have you taken all the right steps to become an employer? There’s more to hiring an employee than making sure everyone has the equipment they need to do their job or installing a shiny new coffee maker. Although, now that we mention coffee, feel free to grab a cup o’ your […]

From recruiting to payroll, here’s what you need to know.

Whether you’re just starting your small business and looking ahead to your future needs or you’re at the cusp of growth where you’re considering a human resources (HR) solution, you probably have questions. HR gets a bad rap, but realistically, it’s people management, and something you’ll want to consider as you grow your team. So, […]

We all love a good hack or two that makes life so much easier, and that’s no different for small business owners. Productivity is the name of the game for smooth sailing in small business, so why not use time management tools and other hacks that make it happen? We’ve gathered some of our favourite […]

Have you ever wondered how much it costs your small business to pay its employees? Do you want to know what percentage of your revenue is being spent on payroll? Are you curious about how many hours your employees are working each week? The answers to these questions lie in your payroll reports! Payroll reports […]

When it comes to protecting your personal and business information, there are a number of approaches to get the job done. For example, simple solutions like updating your password to be more complex or reviewing payroll reports can help you prevent fraud and catch suspicious activity on your account before it’s too late. At Wagepoint, […]

Onboarding is a journey — it’s a foundational part of the employee experience you offer. In onboarding, we want new employees to feel a sense of belonging, as well as learn what defines their success and what makes your business a successful one. Here are some ideas to give your small business onboarding experience a […]

Get ready for these employment tips for small business owners! They aren’t just your run of the mill tips, but tips through the legal lens from our friends at Goodlawyer. That’s right, these are the kinds of tips that can help protect your business. Read this first! The tip above all other tips. Although we […]