Mark your calendar: Payroll processing & delivery dates for 2020
Dec 09, 2020Resources
Share this article
December is here and that means payroll administrators are starting to think about how payroll schedules are affected by the upcoming statutory holiday schedule.
At Payworks, we recommend the best practice of processing payroll three business days in advance of an employee's payment date. This can make payroll schedules in December and January a bit tricky, taking into consideration weekends and the number of banking holidays late in the month. It could mean admins are processing payroll anywhere from three to six days in advance of an employee's payment date.
We also recognize that the holiday season can be hectic between year-end preparation, staying on top of frequently changing legislation due to the COVID-19 pandemic, and personal commitments. That's why we've created an at-a-glance reference chart outlining the payment processing dates for December 2020 and January 2021, accounting for all statutory holidays.
We're here to help keep the important task of paying your organization accurately and on-time running smoothly:
|Thursday, December 24, 2020||Monday, December 21, 2020||Tuesday, December 22, 2020|
|Tuesday, December 29, 2020||Tuesday, December 22, 2020||Wednesday, December 23, 2020|
|Wednesday, December 30, 2020||Wednesday, December 23, 2020||Thursday, December 24, 2020|
|Thursday, December 31, 2020||Thursday, December 24, 2020||Tuesday, December 29, 2020|
|Monday, January 4, 2021||Tuesday, December 29, 2020||Wednesday, December 30, 2020|
|Tuesday, January 5, 2021||Wednesday, December 30, 2020||Thursday, December 31, 2020|
|Wednesday, January 6, 2021||Thursday, December 31, 2020||Monday, January 4, 2021|
Note that Saturday, January 2, 2021 is a holiday in Québec. Please adjust your payment date as required if your banking institution is affected by this holiday. The most up-to-date list of holidays can be found by visiting payworks.ca/statholidays.