The payroll profession is essential to the Canadian economy and it’s time to bring that fact into focus.
The Economic Impact of Payroll Professionals in Canada, a new report from PricewaterhouseCoopers (PwC) Canada, quantifies the value that payroll adds to businesses, communities and the economy as a whole. Beyond ensuring the right of every working Canadian to be paid accurately and on time, this first of its kind report finds that the country’s nearly 80,000 payroll professionals substantially impact the economy in the form of GDP, improved organizational productivity and enhanced employee experience.
Download the report today to learn more.
This report, commissioned by the Canadian Payroll Association, is the first of three inter-related PwC Canada publications that will be released through the fall of 2020, to bring payroll out from behind-the-scenes and into focus:
- The Economic Impact of Payroll Professionals in Canada
- The Cost of Employer Compliance and Public Policy Implications (Coming: October 2020)
- The Future of Payroll (Coming: November 2020)
If you are responsible for paying employees, work in payroll, are looking to optimize your organization or develop payroll policies, each report should be required reading as you develop future-looking strategies.