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Recruiting Canadians? Why Your Company Should Include a PEO in Your HR Strategy

Posted by Shannon Dowdall

|

Nov 17, 2017 9:00:00 AM

HUBSHOUT Recruiting Canadians Why Your Company Should Include A PEO In Your HR Strategy.jpgOutsourcing certain job functions to Canada can be a great resource for U.S.-based companies. After all, these Northern neighbours share a language and cultural similarities, and Canadian professionals can be great additions to any team.

Unfortunately, recruiting in Canada can lead to legal complications when it comes to HR and payroll. In fact, there are over 190 regulatory requirements for payroll processing in Canada.

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So, how can you ensure your company is checking off the right boxes?

Hire professional employment organizations (PEO).

Hire a PEO

By hiring a PEO service in Canada, you can keep your recruitment and HR processing practices in order. And this can certainly save money and time. If you had taken these steps yourself, you may have initially done it incorrectly and had to start over. A PEO can ensure you process all payroll paperwork correctly the first time.

This can also speed up the on-boarding process, since the PEO may be able to help you with this. While they take care of the HR logistics, you can focus on the actual on-the-job training to get your employee up to speed. Even if the employee is working remotely, a PEO can develop an industry-specific HR process to get your employee payroll set up as quickly as possible.

As this employee continues to work with your company, Canadian PEO providers can ensure you are in constant compliance with labour laws. These regulations are not the same in the U.S. and Canada, so it can be easy for American firms to make mistakes. PEOs can inform alert you when new laws pass. This can keep you in the know and out of legal trouble.

Take Advantage of Canadian Talent

Some firms shy away from recruiting in Canada because of these differences in HR practices. Fortunately, you do not have to ignore this potential talent pool. By working with PEO providers, you can make your recruitment and on-boarding process as efficient as possible.

And while they are handling these HR logistics, you can focus on the important aspects of your business.

What US Companies Need to Know about Paying Employees in Canada

Topics: Professional Employer Organization

What You Need to Know about the Outsourcing of Employees

Posted by Stacey Duggan

|

Oct 23, 2017 9:00:00 AM

What You Need to Know about the Outsourcing of Employees--.jpgOutsourcing is a hot topic in business circles today. Most often, discussion centres on outsourcing certain processes or tasks, such as payroll or customer service functions. Accounting and other human resources functions are often considered for outsourcing as well. 

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One trend in outsourcing right now is actually the outsourcing of employees. It’s a popular option for many businesses around the world. Here’s what you need to know about employee outsourcing.

What Is It?

The terminology used for this particular type of outsourcing might seem a little baffling at first. After all, the difference between “outsourced” and “in-house” hinges on the idea of employees: Employees perform internal functions for the company in an in-house department, while in an outsourcing situation, there are no employees. How can you outsource employees if employees are, by definition, in-house? 

The outsourcing of employees is an HR solution more businesses are opting for. What happens in this situation is a service provider, sometimes called a Professional Employer Organization (PEO), looks after all or most of the human resources tasks relating to employees for a company. 

In this situation, the PEO looks after the hiring, firing, and training of employees for the client company. The PEO may even look after the paperwork, such as records of employment and payroll. It may also provide benefits and worker compensation for the employees.

A Joint Responsibility

The idea of “outsourcing” employees first cropped up in the 1970s. Employee leasing became very popular in the 1970s and 1980s, but the system was rife with abuse. In the 1990s, PEOs began to replace problematic employee leasing situations. 

One of the key differences is the PEO and the client company share responsibility in an employee outsourcing situation. They become, in effect, joint employers. While the PEO may handle most of the HR functions related to the worker, the client company still bears some responsibility for day-to-day operations and employee safety.

A Helping Hand

Many businesses can choose to outsource just a small number of the services a PEO can take care of. For example, your business might outsource payroll and hiring functions, although you may send these tasks to different firms. You might also opt to outsource employee training. You might send benefits and compensation work to another third party.

A PEO is different. This provider takes all of the above services and combines them to deliver a seamlessly integrated service. Your employees will be hired, trained, paid, appraised, and even fired by the PEO, depending on what services you contract.

Essentially, a PEO is an employee management system for your business! The organization can work with your internal HR department or its team can become your HR experts. Depending on the size and needs of your business, a PEO can adapt to your specific situation to provide a customized solution for you.

Good Business Sense

Why is the outsourcing of employees a good idea?

Once you understand what the term means, it’s easier to see why the outsourcing of employees is a good idea. For the most part, you’re likely outsourcing most of the functions the PEO would provide anyway. Instead of sending payroll to this firm and assigning hiring responsibilities to another, you’re simply consolidating all of your HR functions with one company that can do it all.

This is good business sense. First, there’s the rule of quantity: If you purchase more services, you’ll likely get a better rate for each service. There’s also the issue of integration. If you have several firms providing different, yet related, services, you’re likely going to run into issues. Perhaps payroll keeps records differently than the recruitment firm you’re working with, leading to trouble reconciling the books about compensation.

The outsourcing of employees helps you streamline your operations, reducing time and saving money. It’s just good business sense!

What Are You Leaving to Chance by Handling Payroll on Your Own

Topics: Professional Employer Organization

Looking for a PEO in Canada? Prioritize These 8 Traits

Posted by Ray Gonder

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Sep 8, 2017 3:45:00 PM

Looking for a PEO in Canada Prioritize These 8 Traits.jpgFinding the right Professional Employer Organization (PEO) in Canada can be tricky—especially if you don’t know what to look for. Many different organizations offer different services and traits, and it’s hard to know which ones are the most important.

If you’re on the hunt for a PEO in Canada, prioritize these eight traits to ensure you’re left working with only the best.

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1. All-in-One Service

There’s nothing worse than finding out the services you thought you paid for aren’t actually included. While many companies charge base fees plus surcharges along the way, it’s important to look for a PEO that has a more holistic approach. That way, you always know exactly what your costs are going to be before anything is processed. No surprises!

2. HR Professionals

Expanding into new territory and managing a growing business is difficult if your HR isn’t up to par. Your human resource department ensures employees are properly trained, happy and satisfied, and all health and safety measures are in place. And that’s just the tip of the iceberg. Make sure you prioritize quality HR services as something your PEO offers. Without such, you may find yourself expanding without an experienced partner.

3. Experience in Your Country of Expansion

There’s little to no point working with a PEO that isn’t familiar with your country of expansion. If you’re expanding into Canada, ensure the PEO you work with has years of experience regarding Canadian laws and regulations. This lets you focus on building your business and leaves nothing to chance.

4. Impeccable Customer Support

It’s completely reasonable for you to have high expectations for the customer support your PEO in Canada provides. In fact, 86 percent of customers say they would pay more for a better customer experience, proving that customer service matters. Before making any decision regarding the PEO you choose to work with, ensure they provide around-the-clock support for any issues or questions you may have. While it may not seem important now, it will if something comes up. You’ll value the one-on-one conversation with a specialist.

5. Covers All Remittances

Many PEO services claim to take care of all your remittances, when really, they only cover the payroll tax. What about the others, like worker’s compensation and other provincial employer burdens? Look for a PEO in Canada that’s experienced and committed to taking care of all remittances and not just the payroll tax.

6. Compliance Experts

It’s likely you’re searching for a PEO in Canada so you don’t have to manage unfamiliar compliances on your own. It’s part of a PEO’s job to ensure your business is in line with government standards, keeping you on the good side of the Canadian Revenue Agency (CRA) and other government bodies. To avoid fines, audits, and business troubles, make sure the PEO you work with has a clear record when it comes to their client history. You don’t want to experience any hiccups later on.

7. Years of Experience

Of course, you want to work with a PEO in Canada that has years of experience. This ensures every issue, question, or complication you face has been seen and handled before. Without experience, you could find yourself burdened down the road when something is done wrong, leaving your business in a serious situation. Avoid the hassle and trust a PEO that has been providing service to customers for many years.

8. Makes Getting Started Easy

Now that you know what traits to look for, it’s time to get started. The right PEO will make getting started easy by calling or applying for a quote online. Don’t settle for anything less than great—use these tips to find the right PEO for you and your business.

What US Companies Need to Know about Paying Employees in Canada

Topics: Professional Employer Organization

Protect Your Business with a PEO in Canada

Posted by Shannon Dowdall

|

Sep 4, 2017 9:00:00 AM

Protect Your Business with a PEO in Canada.jpgAs bordering neighbours, Canada and the US have an intimate relationship when it comes to business. With similar consumer characteristics and such close proximity, expansion into Canada can seem like a no brainer. However, businesses continue to make critical mistakes.

Without proper planning and the right resources, expanding into Canada can be both risky and dangerous for many businesses owners. With different labour laws, government guidelines, and tax regulations, there’s a lot of things that need to be in perfect running order, otherwise, you’ll face issues with both the Government of Canada and the Canadian Revenue Agency.

Before your business breaks soil in Canada, consider the steps you can take to protect yourself and your livelihood. Working with a Professional Employer Organization in Canada is one of the easiest and most affordable ways to make the transition a success.

Working with Canadian Employees

Hiring employees and providing them with proper training and classification is a must in Canada. From Occupational Health and Safety regulations to proper government benefits, staying on top of each employee’s role and status can be confusing. Not to mention if you classify an employee incorrectly, you can find yourself facing fines and penalties with the CRA.

When you work with PEO in Canada, each employee is recruited, hired, and trained in accordance to Canadian standards. You won’t have to worry about employee misclassification as professionals with years of experience handle the entire process. Additionally, legislated benefits such as Employment Insurance and Canadian Pension Plan are all handled by your PEO, ensuring all your employees have access to the benefits each province offers.

Following Canadian Tax Regulations

If you want to avoid trouble in Canada, you’ll want to become an expert in Canadian tax regulations. If not, the CRA will become your worst nightmare. However, most business owners simply don’t have the time—that’s why working with a PEO in Canada is a smart decision. In Canada, something as simple as improper bookkeeping can bring on an audit, putting your business at risk of further fines and penalties.

When you work with a PEO you can rest easy knowing nothing is left to chance. Taxes will always be handled in compliance with Canadian regulations and any issues that arise will be handled before they have the chance to affect business. Instead of putting the pressure on yourself, have a PEO in Canada handle the process, protecting your business and refocusing your time back to other business duties.

Manage Payroll Properly

As the cherry on top, when you work with a PEO in Canada, all payroll duties are covered. That’s right—you won’t have to worry about managing any aspect of your businesses payroll. But how does that protect your business? Considering 40 percent of small businesses pay an average penalty of $845 per year for late or incorrect filings and payments, a PEO protects your business from any unnecessary penalties that can arise when you incorrectly handle payroll.

 

In Canada, payroll dates and remittance regulations are different, meaning your business is at risk if you decide to handle it on your own. From fines to jail time, the consequences of payroll errors are something that shouldn’t be taken lightly. For the good of your business and its employees, don’t take any risks with payroll functions.

 

Working with a PEO in Canada is one way you can protect your business and ensure expansion is successful. Without doing so, your business is at risk and expansion becomes increasingly confusing. Make things easy and work with a PEO.

Topics: Professional Employer Organization

Looking for a PEO in Canada? Pursue These 5 Traits

Posted by Shannon Dowdall

|

Aug 30, 2017 9:00:00 AM

Looking for a PEO in Canada- Pursue These 5 Traits-1.jpgWhen looking for a PEO in Canada, sometimes it’s difficult to know what you should be looking for. How do you know what services your PEO should offer? What are the most important business roles that need to be filled? Where do you even begin?

Download our free guide on what US companies need to know about paying  employees in Canada.

Thankfully, the search doesn’t have to be difficult. In fact, by looking for these five simple traits, finding the perfect PEO in Canada can be quite easy. Read on to see what you should look for when considering different PEOs and how one can benefit your company.

1. Expert Knowledge

It’s likely you’re not an expert in another country's empoyment laws and regulations. And that’s okay! When working with a PEO, remember to look for a company with exceptional experience and an expert knowledge in your country of expansion. From taxation laws to vacation requirements, you want to ensure that both your staff and your business are properly cared for. Otherwise you may find yourself in both financial and legal troubles.

It’s truly important to have an expert on your side—don’t overlook this detail. By working with experts in the field, you can ensure every business function is being handled in the most efficient way possible.

2. Reliable Customer Service

When it comes to expansion, it’s likely you will have dozens of questions. These questions are going to continue even after a PEO in Canada has been chosen to work with. Working with a reliable company ensures there’s always customer service available when you need it.

Automated emails and phone calls are not what most people expect from customer service. Work with a company that has an impeccable customer service team that’s always only a phone call away. Real people with real-time answers will always be more beneficial to your company than an automated response.

3. Experience in Compliance

Did you know vacation time is four percent in Canada, with the expectation of Saskatchewan where it’s six percent? Or that the late-filing penalty for corporations can be as high as 17 percent of tax owing, even for first-time offenders? It’s completely reasonable to not know every rule or regulation regarding Canadian business laws. This is the number one reason for working with a PEO in Canada.

Expanding your business without an expert knowledge of Canada’s laws can put your business at risk of audits, fines, and even jail time. Not to mention employee complaints within the Canadian Ministry of Labour. Avoid all the risks and work with a PEO in Canada that understands every rule and has the knowledge to work within every possible scenario. The peace of mind will be well worth it.

4. All-in Approach

Many payroll providers will change a base fee for the services they offer, plus additional surcharges for every step in the process. This increases costs faster than you think. Seek out a PEO that offers and “all in” approach, allowing you to know exactly what costs you can expect before anything is processed. Not only will this save you money, but also a significant amount of time as more business functions are covered under initial costs, with less being added on down the road.

5. Expert HR Support

Leave nothing to chance—including your HR support. While hiring and training staff may be the last thing on your mind, it will quickly become something you need to consider. With differing laws and regulations regarding hiring, vacation time, benefits, and retirement plans, it can be confusing to know what you need to cover. Look for a PEO in Canada that knows the ropes and will take on an active role when it comes to all your new staff’s needs and requests.

What US Companies Need to Know about Paying Employees in Canada

Topics: Professional Employer Organization

How to Find the Best PEO Service in Canada

Posted by Anna Mastrandrea

|

Aug 21, 2017 9:00:00 AM

How to Find the Best PEO Service in Canada--.jpgAs your business grows into the Great White North, searching for a PEO service in Canada will inevitably occur, and it can be confusing. How do you know what to look for? How can you ensure that the PEO firm is the right one for you? How will they really help?

Finding the right PEO service ensures that your business functions smoothly and legally in Canada. They help manage day-to-day tasks, from payroll to hiring, leaving nothing in your company up to chance.

So, at the end of the day, how do you find the best PEO service in Canada?

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What Does a PEO Service Do?

In case you’re not sure, a PEO (Professional Employer Organization) acts as your Employer of Record (EOR) in Canada. A PEO establishes a Canadian administrative presence, maintains all accounts and employees with the necessary Canadian government authorities, and supports Canadian banking and insurance infrastructure. From recruiting, training, and managing payroll, all your administrative tasks are taken care of professionally.

Working with a PEO service in Canada allows you to easily expand your business, while you focus on continuing growth and more important business duties.

Consider Your Needs & Resources

Canada is still considered one of the best places for U.S. brands to expand. With similar audiences, legal systems, and language, it’s easily one of the best places for businesses to grow internationally. So, how do you get started?

Before you begin looking for a PEO service in Canada, you should consider the needs and resources within your company. Ask yourself the right questions. Consider your budget: how much are you able to spend on a PEO? Consider your size: how many employees will benefit from a PEO? Think about your business future: how steady is growth?

Without understanding the needs and abilities of your company, you might find yourself choosing a PEO service that doesn’t provide enough services, or one that offers more than you need. The right PEO firm will be a perfect fit that continues to grow with your business.

Know What Services to Look For

As mentioned above, you want a PEO that offers the services you need. For instance, if your company desperately needs a Human Resources professional in Canada, you’ll want to ensure that your PEO has HR coverage. Otherwise you’ll find yourself hunting for another service or employee, costing you time and money.

Your PEO must fulfill the needs of your business from start to finish. For smaller business that are just getting started, it’s likely that you’ll want you PEO to cover everything from HR duties, payroll management, to Canadian taxes and deductions. Knowing what services to look for is vital in ensuring you choose the best PEO service in Canada.

Do Your Research

It’s extremely important to do your homework. 88 percent of consumers trust online reviews just as much as personal recommendations, making the online world the perfect place to start finding information. See what other companies are saying about the service they have received. Read through different websites and see if you can find testimonials or case studies to review. Any information that gives you a broader perspective on the company can help you make an informed decision, and helps you find the best PEO service in Canada.

Request a Quote

Once you feel confident in a company, reach out and request a quote. This will help you compare costs, determining which company will bring you the greatest service and value. Speaking with the PEO’s representatives is also a good idea, as they can help answer any remaining questions you have.

What Are You Leaving to Chance by Handling Payroll on Your Own

Topics: Professional Employer Organization

7 Reasons to Work with a PEO Service in Canada

Posted by Ray Gonder

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Aug 16, 2017 9:00:00 AM

7 Reasons to Work with a PEO Service in Canada--.jpgExpanding your business into a new country is cause for excitement. However, it also means you have a lot of work to do. To comply with Canadian laws and manage a new location, there’s a lot of homework that must be done on your end. Thinking about how you’ll manage it all seems like a daunting task. But it doesn’t have to be.

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Working with a PEO service in Canada allows you to grow your business, while still focusing on the more important aspects of business. From payroll to HR, PEO services take care of the administrative tasks, letting you focus on your business and its success.

1. Efficiency in Payroll

Many businesses choose to outsource payroll to better allocate time. Managing payroll can be a seriously time-consuming task, especially when it’s added to an already busy schedule. PEO services in Canada can help you stay on top of your administrative tasks, while also ensuring your payroll is following federal and provincial laws. You can rest easy knowing your employees are taken care of and your business isn’t left at risk.

2. CRA Compliance

As mentioned above, it’s vitally important that your business complies with Canadian laws and regulations. The last thing you need is a lawsuit. Something as simple as failing to obtain an employee’s Social Insurance Number can get you a $100 fine for every number you don’t try to get. Navigating the world of these regulations can be extremely confusing. Limit the frustrations and work with a PEO service in Canada.

3. Hiring and Training

Recruiting employees is one thing, but training them is completely different. Each takes time and commitment, adding to your schedule and your responsibilities. With a PEO service in Canada, you can hand your HR responsibilities over, letting yourself focus on more important business functions. Employees will be trained and HR duties will be handled entirely from Canada.

4. Happier Employees

Studies show that happy employees are 12 percent more productive, creative, and willing to work collaboratively. Having efficient payroll services and easily accessible HR personnel all contribute to a positive working environment. Everyone wants to be paid on time and have their concerns heard. Ensure your employees are properly cared for by working with a PEO service in Canada. 

5. Get Moving

It’s no surprise that expanding a business to another country can take time. Sometimes it takes years! Bypass the slow timeline and work with a PEO service in Canada. As experts in the field, these companies can help you with every aspect of expanding your business. From recruiting new employees to setting up insurance and bank accounts, you can sit back and relax.

6. Saves Money

Hiring in-house professionals to handle HR and admin duties costs money. It’s often expensive and isn’t something all businesses are capable of handling. In fact, many businesses unknowingly lose money due to not properly filing taxes, or through the benefits they offer employees.

PEO services in Canada can eliminate some of the costs associated with these tasks. From the cost of hiring, employee benefits, and 401(k) plans, PEOs work to get your business the best deals possible.

7. Reduces Risks

One of the biggest benefits of working with a PEO service in Canada, is the elimination of risk. From underqualified staff, to new guidelines and regulations, there are many places where your business could fall into trouble, such as the stressful audits or lack of CRA compliance. By working with experts in the field, you can work stress-free, knowing the growth of your business is being handled in the most secure way possible.

What US Companies Need to Know about Paying Employees in Canada

Topics: Professional Employer Organization

How PEO Services in Canada Can Make Your Business More Efficient

Posted by Shannon Dowdall

|

Jul 28, 2017 9:00:00 AM

How PEO Services in Canada Can Make Your Business More Efficient--.jpgProfessional Employer Organizations (PEOs) provide HR services to small businesses, covering everything from payroll, benefits, and taxes to assisting with provincial and federal laws and regulations. Employing a PEO is an effective means to navigate the tricky Canadian business market, but is it worth it? How can PEO services in Canada make your business more efficient?

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Why Should I Use a PEO?

PEO Services in Canada handle all your HR needs, including payroll and administration, benefits, compensation, provincial and federal compliance disputes, and even worker training. They look out for small businesses by tailoring their approach to a specific organization’s needs, resulting in plans that can offer savings and value for both the company and their employees. Moreover, PEOs offer peace of mind by taking care of HR-related administrative duties that may often overwhelm small businesses.

The job of a PEO is to deliver all-inclusive support that is effective and sustainable. A good PEO will enable businesses to optimize their operational scope and ensure that the company is focused on its vision and growth.

What Can a PEO Do for Me?

So, you’ve decided that your company should use a PEO in Canada… now what? Every PEO firm has their own pros and cons, you have to make sure that the PEO you choose provides your company with the best value. From basic payroll services to more comprehensive HR management, a PEO can help your company operate at its best in the Canadian marketplace.

Payroll and the CRA

A PEO can help your business manage employees in accordance with Canadian laws and regulations. They can help navigate labour codes, register with the Canada Revenue Agency (CRA), and adhere to Canadian compliance responsibilities. A PEO can handle these challenging, complex, and time-consuming endeavours so you don’t have to!

More than 33% of small businesses get fined every year for making payroll mistakes. PEOs take the worry out of government compliance by doing the paperwork for you. The cost of getting things wrong is high, but PEOs are experts on employment-related compliance and will make sure it’s done right.

Cut Costs and Save Big

PEOs work to save small businesses money by lowering costs and better managing risks for their clients. PEOs are experts, they reduce the danger involved in having the same tasks done in-house by potentially underqualified staff. Moreover, PEOs look out for new technologies, IT systems, and changes in government regulations that will affect your business, ensuring that they can support your company to the best of their ability.

There are never enough business hours in the day, but a PEO can help get some of that time back by taking on a lot of the employment-related administrative work. By reducing the need for internal HR professionals, PEOs save small businesses time and manpower, allowing them to develop and focus internal resources more efficiently.

Additionally, PEOs make open communication with employees a breeze! This lets your employees know what benefits they are getting and how your company is taking care of them. This kind of open appreciation sends a valuable message to your workforce, which in turn can increase productivity and reduce employee turnover.

Focus on Your Business

At the end of the day, PEOs, such as the Payroll Edge, make managing a business in Canada that much easier. By leaving the daunting task of understanding employment compliance, payroll management, and HR administration to professionals, you can better focus on improving your core business. PEO Services in Canada can give small businesses peace of mind and allow them to be more efficient, improve productivity, and most importantly: grow.

What Are You Leaving to Chance by Handling Payroll on Your Own

Topics: Professional Employer Organization

5 Things to Consider When Seeking a PEO in Canada

Posted by Anna Mastrandrea

|

Jul 21, 2017 9:00:00 AM

5 Things to Consider When Seeking a PEO in Canada--.jpgCanada’s business landscape is oftentimes daunting to navigate, but Professional Employer Organizations (PEOs) exist to guide businesses and provide expert HR services. By covering everything from payroll and benefits to navigating provincial and federal laws and regulations, a PEO is an effective means to optimize your business.

Here are 5 things to consider when seeking a PEO in Canada:

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1. Can a PEO Help Your Business?

A PEO in Canada can handle all of a business’ HR needs. From payroll administration and provincial and federal compliance to employee remunerations and worker training, a PEO allows any business, mid-sized or small, to have access to benefits normally available to large corporations.

PEOs work with businesses to increase efficiency and productivity by taking care of day-to-day HR duties. PEOs also cover HR compliance and workers’ compensation administration for their clients. This frees up valuable time and resources that small to medium-sized businesses can better spend on regular operations. Additionally, PEOs help businesses minimize risk by acting as experts in any potential dealings regarding taxes, insurance, compliance, and liability.

Can a PEO help your business? Of course! A PEO in Canada will always have your back by providing expert all-inclusive support that is effective and sustainable.

2. PEOs Can Help Navigate Laws and Regulations

In Canada, employees need to be paid in accordance with laws and regulations set by the Canada Revenue Agency (CRA). Deciphering Canadian protocols can be a complex and time-consuming challenge, but a PEO can help businesses navigate labour codes and adhere to Canadian compliance guidelines.

Additionally, if you are a foreign company looking to expand into Canada, an established PEO can help you access the Canadian market by acting as your Employer of Record (EOR) in Canada. As an EOR, PEOs can be your trusted partner in navigating the legal requirements, tax regulations, and general complexities of a business expansion into the Canadian marketplace.

The right PEO can offer you unparalleled expertise and peace of mind, so you can’t afford to miss out!

3. Can Your Business Afford a PEO?

Managing payroll is one of the most all-encompassing and time-consuming tasks that businesses face in their day-to-day operations. By hiring a PEO, businesses have access to affordable payroll and HR experts who take on the duties that may otherwise burden employees and managers. Most PEO services offer flat monthly rates that are a cost-effectively alternative to hiring tax professionals or managing in-house.

Every PEO firm has their own pros and cons and you have to make sure that the PEO you choose provides your company with the best value. Most PEOs offer plans that range from basic payroll management to complete HR coverage. Employers should be sure to ask about what specific services a PEO provides to ensure they are getting exactly what they need.

4. How Does a PEO Affect Your Employees?

By employing a PEO, businesses maintain control over their employees while sharing the risk and liability issues with the PEO. Businesses can also gain access to levels of compensation through their PEO, sometimes at lower rates or added remunerations.

These kinds of specialized benefits let employees know exactly how the company is taking care of them. A happy workforce is not only good for business, it can increase productivity and reduce employee turnover.

5. PEOs Offer Equanimity

At the end of the day, these are just five things to consider when seeking a PEO in Canada. Oftentimes working 9-to-5 is just not enough—but a PEO, like the Payroll Edge, can help your business get ahead by taking on a lot of the HR-related administrative work. PEOs give you peace of mind and save you time and resources, so you can focus on your core business.

What US Companies Need to Know about Paying Employees in Canada

Topics: Professional Employer Organization

Here Are the Best Ways to Find a Reputable Canadian PEO

Posted by Anna Mastrandrea

|

Jun 26, 2017 9:00:00 AM

Here Are the Best Ways to Find a Reputable Canadian PEO--.jpgNo matter where your business is located in the world, if you’re hiring Canadian employees you need to abide by Canadian employment laws. As daunting as that sounds, unfamiliarity with jurisdictional payroll and employee management differences should never hold you back from expanding your services into Canada. Although your business may not have the knowledge background to effectively manage Canadian employees, there are partnership options available to you that could greatly improve your business. 

A professional employment organization (PEO) is a great option for anyone looking to run operations in Canada. A Canadian PEO allows you to establish a valuable partnership that can provide both you and your employees with industry expertise and advice. While slightly different from an employer of record, a Canadian PEO can help you with:

  1. government compliance;
  2. HR management;
  3. payroll services;
  4. benefits administration;
  5. sourcing and recruiting potential candidates; and
  6. training and development.

If your company could benefit from a Canadian PEO, you’ll need to find the right option for you. Here’s how to find a reputable PEO in Canada.

Download our free guide on what US companies need to know about paying  employees in Canada.

Trust Experience

First and foremost, you want to use a PEO that has experience in your field. A Canadian PEO that has been in business for a significant amount of time has extremely valuable industry experience under their belt. They’ve been through all the trials and tribulations of the industry, and have emerged with essential insight concerning everything there is to know about Canadian payroll regulations and compliance.  

Services Offered

The services a Canadian PEO offers will direct impact whether they’re applicable to your current situation and needs. You want to make sure your PEO offers the widest variety of services to get more bang for your buck.

Knowledge Level

Knowledge is essential when it comes to the staffing industry, as there are many legal regulations that must be followed. A company that knows how to properly conduct themselves under these regulations, and knows staffing law like the back of their hand is an organization you want to trust.

While current industry standards are important to know, the staffing industry is forever evolving. Knowledge isn’t just about what a Canadian PEO knows about the current industry, but how they stay up-to-date on future changes. A reputable PEO will keep you informed and let you know what developments are essential for your business.

Various industry certifications can also be very insightful into the knowledge level of a PEO. Seeing what education and additional certification courses they have taken shows you that they are eager to expand their knowledge of the Canadian employment industry.

Make sure to ask PEOs that you’re considering lots of questions to determine their knowledge level and ensure that they are equipped to handle your company’s size and objectives.

Previous Partnerships

What other people say about a company speaks volumes about their services. It’s important for a PEO to have extremely advanced customer service skills, as they will potentially be handling your future employees. How they manage their previous clients gives insight into their customer service skills, along with what you can expect as a client.  

You need to also make sure that you do your research. You would never buy something before researching it online: the same should be said for a PEO. Take a moment to analyze their digital presence. You can check out their website and look for any additional online reviews you can find.

If a Canadian PEO has a bad reputation, you need to ask yourself if you really want to associate your company with this organization. To avoid the potential of future problems with your PEO, look for companies with stellar references and recommendations. It’ll lead to an overall happier and healthier partnership.

What Are You Leaving to Chance by Handling Payroll on Your Own

Topics: Professional Employer Organization

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