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Small business owners, we see you wearing a whole lot of hats: salesperson, customer service pro, payroll admin and many more (usually all in the same day)! And this means there are a lot of moving parts to stay on top of… especially when it comes to payroll – whether it’s legislation, employment requirements, or any of those other details that might just be keeping you up at night.
Payworks understands how overwhelming this can be for small business owners. That’s why we’re here to help you navigate it all and make sense of the payroll puzzle so you can get back to sleeping soundly. Here’s why almost 50,000 Canadian businesses trust us to help make their journey easier.
1. System updates reflecting legislation changes
The payroll puzzle: You have a business to run; you can’t spend all day monitoring the web for payroll legislation changes and updates. Where would you even look? How do you apply what you learn? It’s too much!
The Payworks advantage: Forget the manual research and get back to business. We’ll automatically apply federal legislation changes and keep you informed about regional changes like minimum wage. Did the basic personal tax credit change for the next year? Did the maximum contribution amount for CPP get adjusted? What about mid-year changes to the lowest income tax rate? It’s okay if you don’t know the answers – we do, and we’re here to help.
2. Automatic calculations and remittances
The payroll puzzle: Navigating the legislation for federal, provincial, and territorial statutory deductions is no easy task, let alone calculating and remitting the right amounts. Between the Canada Pension Plan (CPP) and Québec Pension Plan (QPP), Employment Insurance (EI) eligibility and rules, and differing employer health taxes, each pay period that you pay employees requires specific calculations and remittances to the appropriate governing body… and that can be daunting (especially since mistakes can lead to penalties, audits, or missed employee payments!).
The Payworks advantage: “By automating these remittances, we eliminate that risk entirely,” says Payworks Sales Manager Cassie Hamer. “It’s one less thing to worry about, and one less reason to stay up late Googling ‘CPP/EI Thresholds’!”
With Payworks, you can confidently process your payroll knowing that our solution calculates the correct amounts owed for all statutory remittances and that we’ll remit them on your behalf. We take care of everything, from the federal, provincial and territorial taxes, CPP/QPP and EI remittances, to the Québec Parental Insurance Plan (QPIP), Employer Health Taxes (EHT), the Health and Post-Secondary Education (HE) Levy, the Health Services Fund (HSF), and other provincial and territorial health and education payroll taxes. Depending on your region, we can even calculate and remit for WSIB/WCB for you!
Put down the calculator, step away slowly, and take a deep breath. We’ve got you.
3. An easy-to-follow payroll run schedule
The payroll puzzle: As a small business owner, your schedule’s already full (understatement!), so keeping track of day-to-day tasks like payroll run dates is challenging – especially when you take into account Canadian labour standards regulations, provincial employment standards, and all of the and all of the banking holidays.
The Payworks advantage: With Payworks’ built-in payroll run schedule, it’s much easier to process payroll on time every time. We’ll help customize your schedule to fit your business’ payroll frequency and preferred payment dates, and post it for you in a clear, printer-friendly calendar. And don’t worry: we’ll ensure that it takes into consideration all banking holidays, and that it meets all federal and provincial frequency requirements.
4. Everything in one place
The payroll puzzle: Let’s face it: you’re drowning in details. Retaining documents, issuing records of employment (ROEs), building spreadsheets to track your employee information and payroll data (“when was the last time Jane got a raise?”, “what did I pay Joe for his bonus last year?”, “did I write down Mark’s start date somewhere?”)… without dedicated attention, things can build up quickly, leading to costly mistakes and missed deadlines.
The Payworks advantage: "When employee information, pay rates, ROEs and legislative updates are all live in one place, small business owners don’t need to chase data across spreadsheets, email threads, and different software,” says Cassie. “It’s a cleaner, faster way to manage payroll and it reduces errors that stem from manual entries. With everything under one roof, it’s easier to stay organized and focused!"
With Payworks, everything you need to run your payroll and manage your employees is accessible in one place. In fact, Payworks is so committed to evolving the ease of use and efficiency of our product for our clients that we recently upgraded our payroll solution to a simplified navigation. This new and improved method allows for an even more streamlined, user-friendly and efficient way to process and run payroll. 
The new and improved payroll solution.
5. Access to real support (from a real person) when needed
The payroll puzzle: Picture it: you’re trying to run payroll, but you’re stuck on something urgent and time sensitive. You reach out for help, only to receive an automated voice telling you to press a different button to receive an automated response. You don’t have time for that – and besides, your question is specific to your business – how is this robot voice supposed to help?!
The Payworks advantage: Payworks is proud to be a Canadian-built company that ensures local support from one of our many knowledgeable Customer Service Representatives across the country. We understand your challenges and opportunities, so when you call – we answer (in under 60 seconds!). You’ll speak to a real person who can answer your specific questions and help grow your confidence. And if you’re looking for even more comprehensive support by outsourcing your payroll, we’ve got you covered with tiered levels of support through Payworks’ Managed Payroll Services, ensuring that you get what you need at every stage of your business’ growth.
A payroll solution makes your small business journey easier
As a small business owner, you’re not alone. Payworks has helped tens of thousands of clients make the switch to our platform over the past 25 years, and 98% of businesses who choose Payworks choose to stay. From navigating the ever-changing world of payroll legislation to ensuring remittances are paid, employee data is managed, and you’re empowered to run payroll on time every time, Payworks’ service and solutions are designed to help you get back to the rest of your day.
Ready to see how Payworks can work for you and your small business? Book a demo today: https://www.payworks.ca/landing-pages/campaigns/book-a-demo.
These articles are produced by Payworks as an information service. They are not intended to substitute professional legal, regulatory, tax, or financial advice. Readers must rely on their own advisors, as applicable, for such advice.
