Mark your calendar: Payroll processing & delivery dates for 2020

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Payworks
Payworks

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:

Payment Date
Processing Date 
Delivery Date 
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.

Interested in a Demo or more info?

We would be more than happy to show you how to get the most from our suite of workforce management solutions. Simply contact your sales representative at sales@payworks.ca  to start the conversation.