Small Business

Payroll can mean completing a lot of scary tasks for small business owners — like making the right calculations and filing taxes correctly and on time to the government. On top of that, consider needing to make corrections during a busy year-end season! Now that sounds like a real nightmare. As the old adage goes, […]

The topic of constructive feedback is widely discussed, but in practice, it’s rarely done right — if at all. It’s not surprising that negative feedback is often avoided. After all, throughout our lives we’ve been taught that if we have nothing nice to say, not to say it at all. Giving feedback challenges this idea […]

There are few payroll tasks that feel as heavy and complex as having to let an employee go. It’s a critical time for any small business that requires an easy, fast and reliable process for generating a Record of Employment (ROE) so that employees can collect benefits quickly and employers can have the peace of […]

Quick Links Request the report Business resilience defined What the numbers and businesses say The 2021 Canadian Small Business Resilience Report. As we look back on the events of 2020 and the ongoing social and economic impacts, narratives will be dominated by the word “pandemic.” However, as our research has uncovered, conversations about the past […]

Wagepoint has always been a remote company. From day one, we’ve been challenged with being a great place to work while being far apart from each other. It’s not an easy feat — especially when the love is real for all of our team members. Here are five tools and programs we implemented to motivate […]

Payroll, it’s one of those “common sense” things most of us just accept at face value. You do your job and you get paid for what you do. However, when a major shift happens — like a global pandemic — payroll software companies, like Wagepoint, are a “canary in the coal mine” in terms of […]

“Teamwork makes the dream work.” The first step to making the dream work is also having the right people on your team. The second is ensuring your team members are meeting their fullest potential. Sounds simple — but sometimes things are easier said than done. We teamed up with Nora Jenkins Townson and Caitlin MacGregor, founders of […]

This article is for small business owners who need an easy accounting and bookkeeping system. (My fellow accountants and bookkeepers might also find this helpful in terms of building their own technology stack (tech stack) and making recommendations to your small business clients.)  Do you look at your kitchen table with a sourpuss face dreading […]

Empowering your employees to perform at their best is a key aspect of your role as a manager. It ensures that the company, with the collective effort of its employees, achieves its short-term and long-term goals. However, employee management is not as straightforward as it sounds. To be an effective leader, you’ll need to develop […]

In a recent report, Jim Clifton, Chairman and CEO of Gallup said, “The single best activity for any team leader to deliver is not employee satisfaction, but rather employee development.” The same report also found that for employees to be engaged at work, four needs must be met: Basic needs: “I have everything I need […]

The problem for small business owners isn’t finding talent — it’s finding the right type of talent. No matter which type of worker you choose, be sure not to misclassify them. The repercussions can be costly.

In our fast-paced world, sometimes picking up the phone is the best way to ensure proper communication and get a problem resolved for our clients. Although you may not have time for a friendly chat, our friends at the Canada Revenue Agency (CRA) do. Emails are a frequent way to communicate on a timely basis, […]

Good company culture starts from the top — and the “top” means being a great leader. From the beginning, Wagepoint CEO,  Shrad Rao has always been deliberate about the company’s culture. Despite the fact that we’re a remote team of nearly 60 people — he’s been able to build a successful tech company that simplifies […]

Collecting employee feedback is crucial for the growth of any organization as employees are the biggest asset of every organization. Knowing that their feedback is taken into serious consideration makes employees feel valued. On the flip side, receiving constructive feedback also helps decrease employee turnover rates. Here are 4 useful methods for gathering employee feedback. […]

As more businesses realize the importance of learning and development (L&D) for staying relevant in today’s competitive environment, small businesses are faced with a unique challenge. While larger enterprises have little restraint when it comes to investing in employee training, smaller businesses are tied by bootstrap budgets and infrastructure-related challenges if they want to deploy […]