Payroll in Canada isn’t just about paying salaries on time. It’s a critical function that ensures compliance with Canadian labor laws, manages tax contributions, and supports employee well-being through timely and accurate payments.
When managing a Canada-based workforce, payroll can seem complex due to regulatory requirements but we’re here to simplify the process.
In this guide, we’ll walk you through how to set up and run payroll efficiently in Canada in seven simple steps.
How to Run Payroll in Canada
Step 1: Start Here
Click on “Hire & onboard” to begin onboarding employees and setting up payroll in compliance with Canada’s employment laws.
Step 2: Import Employee Details
Select “Direct employee” and add employee information including basic details, salary details, and benefits. Use the bulk onboarding feature or integrate with your HRMS for efficiency.
Step 3: Customize Payroll
Go to “Settings” > “Company settings” to define payroll cut-off dates, pay dates, and statutory pay components such as allowances and commissions.
Step 4: View Summary
Click on the “Payroll” tab to view the Payroll dashboard and select your Canada entity to review a consolidated summary of payroll across your Canada-based employees.
Step 5: Confirm Payroll
Select “Confirm payroll” after reviewing pay calculations, including tax deductions, benefits, and Canada-specific contributions.
Step 6: Process Payroll
Generate payroll reports upon submission. The dashboard updates with processed payroll details, ensuring compliance with Canadian tax and labor laws.
Step 7: Access Reports and Publish Payslips
View and download payroll reports, tax filings, and variance reports. If any issues arise, reach out to your CSM. When ready, publish payslips, which can be integrated with your HRMS and accessed via employee self-service portals.
Canada Payroll, Simplified
With Multiplier, running payroll in Canada is reliable, transparent, and fully compliant with local regulations. Book a demo today to see how we can streamline payroll for your Canada-based team.