PAYROLL IN FOCUS

New research from PwC Canada, Supported by the Canadian Payroll Association

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THE ECONOMIC IMPACT OF PAYROLL PROFESSIONALS IN CANADA

The payroll profession is essential to the Canadian economy. This report, The Economic Impact of Payroll Professionals in Canada, quantifies the value that payroll adds to businesses, communities and the economy as a whole.

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THE COST OF EMPLOYER COMPLIANCE AND PUBLIC POLICY IMPLICATIONS

Payroll professionals routinely navigate over 200 legislative requirements. That’s not easy, and it comes at a cost. This report explores and quantifies all of the costs borne by employers related to payroll compliance.

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THE FUTURE OF PAYROLL

Emerging technological and economic forces are shaping the future of payroll in Canada. New skills are needed. This report explores those forces and what payroll professionals need to do to be ready for the future when it arrives.

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Key findings from the Payroll in Focus reports

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On an annual basis, payroll professionals generate a GDP of over $8.6 billion

Payroll professionals have a major impact on the productivity of organizations through key productivity initiatives

The cost of compliance activities borne by Canadian employers is approximately $12.5 billion per year

Moving to a digital payroll regime would significantly enhance transparency, access, and integrity of data in Canada