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Due to bank closures, you may need to process your payroll(s) a little earlier-than-usual around this time of year to ensure that all your employees and contractors are paid on time.
Payroll processing timelines for 2022-2023 winter holidays.
You’ll need to process payroll three (3) business days prior to the desired pay date by 12 pm ET to pay employees using direct deposit.
| If your pay date falls on: | Approve your payroll by 12 pm ET on: |
| Monday, December 26, 2022 (Christmas Day Observed) |
Wednesday, December 21, 2022 |
| Tuesday, December 27, 2022 (Boxing Day Observed) |
Wednesday, December 21, 2022 |
| Wednesday, December 28, 2022 | Wednesday, December 21, 2022 |
| Thursday, December 29, 2022 | Thursday, December 22, 2022 |
| Friday, December 30, 2022 | Friday, December 23, 2022
(Last date to process a direct deposit payroll for a pay date in 2022.) |
| Monday, January 2, 2023 (New Year’s Day Observed) |
Wednesday, December 28, 2022 |
| Tuesday, January 3, 2023 | Wednesday, December 28, 2022 |
| Wednesday, January 4, 2023 | Thursday, December 29, 2022 |
| Thursday, January 5, 2023 | Friday, December 30, 2022
(Last date to process a manual payroll for a pay date in 2022 and issue paper cheques to pay employees.) |
| Friday, January 6, 2023 | Tuesday, January 3, 2022 |
| *Follow your regular processing timelines after the holidays. | |
We’re here to help.
Contact Wagepoint’s customer support by submitting a ticket directly within the app, or sending us an email to support@wagepoint.com.
