Employees get paid a salary plus benefits. If they are fortunate to work for an employer that offers a pension (i.e. the federal gov’t), they get the benefit of that too. At the end of years of work they can retire, if the company has stayed solvent and has not been the victim of a [...]
Procom’s Consultant Appreciation Night in Toronto is just one week away, so get in touch with your Account Manager to get more information. Food and drinks, fun, networking, and chance for us to show our appreciation. It should be a great event. We look forward to welcoming you. Please note, this is strictly a Procom [...]
IT workers recruited offshore represent an excellent source of new Canadians. They come to Canada with jobs that leverage their developed expertise, while helping our economic infrastructure. They earn income and pay taxes from day one, never placing a burden on our social service infrastructure.
IT workers will no longer have the benefit of exemption from the requirement to include a Labour Market Opinion (LMO) as part of their work permit application
Details for Procom’s 2011 Consultant Appreciation Night (Toronto) have now been confirmed. Please contact your Account Manager for more information. Please note, this is strictly a Procom Event. We look forward to welcoming you.
The topic of Generation Y (Gen -Y), and what it takes to integrate them into your company seems to have Human Resource professionals scratching their heads at the moment. One approach is to construct a physical environment which integrates the concepts of work and play, with lounges, pool tables, games rooms, etc. Others look down [...]
In December, I attended a conference where one of the speakers, a VP of Human Resources for a rather large company, talked about what his company was doing to retain Generation Y (Gen -Y) personnel. His description of the individuals that his firm had targeted for retention included words like ‘Top Performers’, ‘Preference for Shorter [...]
My experience is that contract labour is the lubricant of a modern economy. It enables the market to optimize the allocation of scarce resources to clients or organizations where the need for those resources exists. Like any other resources, the price fluctuates with the quality and the availability of supply. Expertise with a new or [...]
In 1981, the government changed the Income Tax Act in response to a situation where an employee terminated their relationship with their employer, formed a corporation, and then contracted back to their now ex-employer through their new corporation. By doing so, of course, the individual no longer paid income taxes. In fact, as explained in [...]
As in my last post, I have to start by stating that I am not an accountant and this is just my opinion and understanding. I also recommend that consultants always get professional advice in all accounting and tax matters. Retained earnings are funds excess to a company’s owner’s needs, which we can choose to [...]