Best practices for pay statements (On Payroll)

CPA publishes guidelines to help payroll practitioners understand multi-jurisdictional legislation and review company policies and procedures
By Steven Van Alstine
|Canadian HR Reporter|Last Updated: 09/04/2008

It’s a cliché, but it’s true: Often, the only time payroll professionals hear from employees is when there is an error with their pay. But a payroll person possesses extensive knowledge and contributes in many other ways to an organization.

Each year, Canada’s 1.5 million employers pay more than $700 billion in wages and benefits, $220 billion in payroll remittances to the Canada Revenue Agency (CRA) and the Ministère du Revenu du Québec (MRQ) and $77 billion in health and retirement benefits, along with issuing more than 24 million T4s, eight million T4As and six million RL-1s — while complying with more than 185 federal and provincial legislative acts. These payroll responsibilities are mission-critical to the business, government and employees.

To help payroll practitioners understand multi-jurisdictional legislation and ensure compliance within their organization, the Canadian Payroll Association (CPA) offers the publication