Payroll data holds significant power for your small business. Typically, when thinking about payroll, things like T4s, remittance filing, and paying employees come to mind. But payroll data can be used to make valuable decisions for your small business, too. While it might not be immediately obvious how this kind of data can make an […]
Payroll articles and news, from your payroll BFFs.
Payroll data holds significant power for your small business. Typically, when thinking about payroll, things like T4s, remittance filing, and paying employees come to mind. But payroll data can be used to make valuable decisions for your small business, too. While it might not be immediately obvious how this kind of data can make an […]
In this post, we’ll outline the types of payroll deductions you need to make, along with which kind of remittance schedule you’ll need to follow. As advocates of simple, fast, friendly payroll, we’ll do our best to try to make this as painless as possible.
Whether you’re bringing on your first hire or your fiftieth, it’s important to know the difference between an employee and a contractor. Why? Because misclassifying workers can lead to payroll headaches, tax troubles, legal issues and compliance issues. The Canada Revenue Agency (CRA) holds employers responsible for getting this right, so understanding the key differences […]
A collection of our best small business articles.
Payroll data holds significant power for your small business. Typically, when thinking about payroll, things like T4s, remittance filing, and paying employees come to mind. But payroll data can be used to make valuable decisions for your small business, too. While it might not be immediately obvious how this kind of data can make an […]
Payroll is a tall order for businesses of all sizes, but especially small business owners. The payroll process is complex. It’s filled with time-consuming tasks, lots of legislation and rules, remittances to the Canada Revenue Agency (CRA) — all on top of running your business. To help simplify the payroll process, there are a variety […]
Whether you’re bringing on your first hire or your fiftieth, it’s important to know the difference between an employee and a contractor. Why? Because misclassifying workers can lead to payroll headaches, tax troubles, legal issues and compliance issues. The Canada Revenue Agency (CRA) holds employers responsible for getting this right, so understanding the key differences […]
A collection of our best articles for the accounting and bookkeeping community.
In this post, we’ll outline the types of payroll deductions you need to make, along with which kind of remittance schedule you’ll need to follow. As advocates of simple, fast, friendly payroll, we’ll do our best to try to make this as painless as possible.
Did you know that cloud-based accounting practices are nearly twice as likely to experience revenue growth? In fact, a staggering 74% of practices using cloud-based accounting solutions reported an increase in revenue. Technology is more than a convenience, it’s a catalyst for growth. In our recent webinar, “How Technology Fuels the Success of Bookkeeping and […]
Advances in technology have transformed every industry, and payroll is no exception. Artificial Intelligence (AI), machine learning, and automation have revolutionized payroll processing, but one thing remains unchanged — human expertise is irreplaceable. Adopting payroll automation isn’t just about using new tools; it’s about evolving your role. By embracing technology, bookkeepers and accountants can move […]
Our best stories about time and attendance tracking for small businesses.
Making an efficient work schedule is a core part of ensuring your business runs smoothly from day to day. But as any small business owner knows, there’s a lot more to it than just jotting down some hours. In fact, keeping your team members happy while also meeting business needs can be downright anxiety-provoking — […]
No question, PTO management software is a must-have for growing teams. Imagine your entire team booking off the same day to go golfing without you realizing. That might be fun team building, but it’s not so fun for coverage in the workplace. Manual PTO tracking is last century. The answer, of course, is PTO management […]
Employee time tracking plays a big role in an efficient workday, whether you opt for manual or software-driven systems to help you manage it. Time tracking, or accurately recording the hours worked by employees on their various tasks and projects, allows small businesses to: Keep an eye on productivity Divvy up resources efficiently Make sure […]
Our best HR articles and tips.
If you’re a small business owner in Canada, let’s talk about something that’s probably been on your mind: HR software. Now, before you start thinking about daunting spreadsheets and endless forms, let me tell you, there’s a light at the end of the tunnel. Choosing the right HR software can free up your time and […]
We could explain employee objectives and define several subcategories of employee objectives — and we will — but employee objectives examples will help make all that crystal clear. Without examples, you might understand what they are, but it wouldn’t be as easy to recreate them in your business — which is the actual goal. So, […]
Learning how to track employee performance plays a big part in business success. Without a system for employee performance tracking, you can’t know if your team members are improving, growing into their roles or contributing to your company in a way that directly moves you closer to your business goals. Regular performance reviews is one […]
Real stories from real Wagepoint customers, just like you.
“I value my time as really important. So the work-life balance is crucial.” What do you get when you combine a last minute need for flowers (for your own wedding) with an eye for business? Floral haven Thyme Studio started when co-founder Nas Neufeld was about to get married and didn’t know where to turn […]
As a payroll practitioner and professional bookkeeper, Melissa Lenos, CPB, PCP, of King Business Solutions knows her stuff when it comes to the payroll and bookkeeping process. She understands the implications of many finer payroll details that small business owners might not know to look for, what the consequences are of not meeting compliance or […]
As the name suggests, Flux Connectivity‘s space is connectivity equipment such as cables, wire harnesses, junction boxes and control panels. Founded in early 2018, the Alberta-based company describes itself as an innovative contract manufacturer of various connectivity products, but they aren’t just making any old cables and boxes. The company’s mix of 16 employees and […]
Extra! Extra! Get the scoop on the latest Wagepoint news.
Driven by a mission to champion small businesses in Canada and make a positive impact across our communities, Wagepoint is excited to announce a new partnership with our friends at Alterna Savings. 
The partnership allows Alterna members to enjoy exclusive pricing for Wagepoint’s simple payroll software, empowering them to spend less time on complicated […]
As we bid farewell to 2023, it’s not just another year in the books; it’s a chapter of growth and partnership that we’re proud to share with our incredible accounting and bookkeeping allies. In 2022, we witnessed the unwavering dedication of accountants and bookkeepers across Canada, as they embraced the theme of “Evolve and Grow.” […]
Wagepoint may be in the business of payroll, but it’s the business of people that truly sets it apart. This week, we’re super excited to announce that Wagepoint was named one of Canada’s 2022 Best Workplaces for Inclusion and Mental Wellness by Great Place to Work®, a global authority on high-trust, high-performance workplace cultures. Our […]
Handy research and reports about small businesses, accounting and payroll.
The Wagepoint 2023 Canada Small Business Payroll Calendar gives you a year-long overview of key small business payroll deadlines so you can focus on running your business without worrying about missing important dates.
New employees can be vulnerable, out of their element, stressed, and eager to please. Instead of providing a nurturing environment and offering instant validation, however, many businesses expect their new hires to turn into genuine attack dogs in a matter of weeks, providing little training coupled with high expectations. Given that the newest workforce generation […]
Have you ever wondered how much it costs your small business to pay its employees? Do you want to know what percentage of your revenue is being spent on payroll? Are you curious about how many hours your employees are working each week? The answers to these questions lie in your payroll reports! Payroll reports […]
