Understanding your Job Offer - CLIP Financial Wellness Conference, November 25, 2021 Guest Speaker - Michelle Cariou, Human Resources Advisor

Page created by Jessie Garrett
 
CONTINUE READING
Understanding your Job Offer - CLIP Financial Wellness Conference, November 25, 2021 Guest Speaker - Michelle Cariou, Human Resources Advisor
Understanding your Job Offer

CLIP Financial Wellness Conference, November 25, 2021
Guest Speaker – Michelle Cariou, Human Resources Advisor
Today’s Agenda

• Important components of your Job Offer
• Alberta Employment Standards: What is it and why is it important?
• Key Employment Standards Topics:

     • Minimum Wage              • Commission Pay & Tips
     • Overtime Pay              • Payroll Deductions
     • Hours of Work Rules       • COVID-19
     • Vacation & Statutory
       Holidays
• Temporary, Permanent and Contract Positions
• Your Job Offer: what you need to know
Components of your Job Offer

                  Legal Components      Alberta Employment
                                             Standards
     Job Offer
                                        Remote work policy
                 Company-specific and
                                         Company Benefit
                   optional Perks &
                                               Plan
                      “Benefits”
                                            Flex Days
Company-    Life and accident insurance
            sponsored
            Benefit
            plans can   Extended Health Care/Drug coverage
            include:
                        Dental Care
Workplace
Benefit                 Vision Care

Plans                   Disability coverage

                        Drug coverage

                        Savings Plans
The Employment Standards Code establishes minimum employment
             standards in the areas of:
             • Payment of earnings
             • Minimum wage

Alberta      • Hours of work, rest periods and days of rest
             • Overtime and overtime pay

Employment   • Vacations and vacation pay
             • General holidays and general holiday pay
Standards    • Maternity, parental and COVID-19 leaves
             • Termination of employment
             • Employment of individuals under 18 years of age
             • Adolescent employment in the restaurant and food services industry
General   $15/hour (individuals over 18 years)

Minimum   $13/hour(youth under 18)

Wage in   $598/week (Salespeople)

Alberta   $2,848/month (Domestic
          employees)
Overtime must be paid for all

Overtime   hours worked over 8 hours/day
           or 44 hours/week, whichever is
Pay in     greater

Alberta
           Overtime = at least 1.5 times
           your regular wage for all
           overtime hours worked
Hours of Work                   Break Entitlement
Rules                           Length of Shift     Break Entitlement
                                5 hours or less     No break
                                                    entitlement
 Employees can legally work a   More than 5 hours   At least one 30-
 maximum of 12 hours per day,   but less than 10    minute break
 unless by formal exception.    hours
                                10 hours or more    At least two 30-
                                                    minute breaks
• After one year of employment, most employees
                are entitled to at least two weeks of vacation
                with pay, regardless of their employment status
                (full-time, part-time, casual).
Legal         • Employers are not required to provide vacation
Vacation        to employees who have been employed for less
                than one year
Entitlement   • An employee’s vacation pay entitlement is
                based on their length of employment and is
                calculated on the anniversary date of
                employment.
Legal
Vacation
Entitlement
(cont’d)
Statutory Holidays

                               New Year’s Day     Labour Day
                               (January)          (September)
 Defined as ‘General           Alberta Family Day Thanksgiving Day
 Holidays” and employers are   (February)         (October)
 responsible for providing     Good Friday        Remembrance Day
 employees with time off       (March or April)   (November)
 with pay for these days:
                               Victoria Day       Christmas Day
                               (May)              (December)
                               Canada Day
                               (July)
Conditions to qualify for Statutory Holiday Pay

You are entitled to statutory holiday pay if:
• You have worked a minimum of 30 days in the last 365 days for your
  current employer
• The statutory holiday falls on your regular day of work
       OR
• You have worked on a statutory holiday that is not a regular day of work.
  (1.5X Average daily wage)
Commission = a pay structure based on the amount of
             work done.
                   I.e.: percentage of sales, percentage of gross
             or    net profits or lump sum payments per
                   transaction.

             • Commission employees may be exempted from
Commission     recording daily hours worked and instead are
               entitled to a weekly minimum wage of $598.
             • Even if your wage is paid entirely in commission,
               your pay cannot legally be less that what you would
               have received had minimum wage been paid.
             • If commission is greater that minimum wage, then
               commission must be paid.
Draw = a payment made to an employee in
             anticipation of future commission. There is an
             understanding between employer/employee that the
             loan will be repaid.

Commission   Recovery of a Draw

(cont’d)     When the employee is paid a draw and commission
             earned in that pay period is less than the draw, the
             difference can be recovered from the employee’s
             future commissions.
             Recovery of a draw cannot result in the employee
             receiving less than the minimum way for the pay
             period.
Tips are not considered wages and are not
       covered under the Employment Standards Code.
       Each workplace decides how tips are to be
       handled and distributed.
Tips
       Be sure to understand how tips are distributed to
       staff when evaluating a job offer in the hospitality
       industry.
Payroll Deductions

 Employers are legally required to take deductions from
 employees’ earnings for:
    •   Federal employment tax
    •   Provincial employment tax
    •   Canadian Pension Plan Contributions
    •   Employment insurance premiums
Payroll Deductions (cont’d)

 Employers are NOT allowed to make deductions for:
    • Uniform costs
    • Faulty work
       • Damaging equipment
       • Mistakes in production
    • Cash shortages/Loss of property
       • Walkouts in a bar/restaurant
       • Gas & dash at a service station
       • Breakage in a restaurant
Payroll Deductions (cont’d)

          Payment/Deduction   Deductions             Earnings
Biweekly Income                                            $1,500.00
Vacation Pay                                                    $60.00
Federal Tax Deduction                      $131.74
Provincial Tax Deduction                    $71.27
CPP Deduction                               $77.68
EI Deduction                                $24.65
Total Deductions                           $305.34
Net Pay                                                    $1,254.66
COVID-19 & the Workplace
                      Alberta has introduced 3 job-protected leaves related to COVID-19:

                                                             Employees are eligible for this leave if they are required to quarantine or
                                                             self-isolate
COVID-19 Leave                                               This is an unpaid leave but federal income support may be available
                                                             (COVID-19 Emergency Benefits)
                                                             Employees are eligible for this leave if they are receiving a COVID-19
                                                             vaccination
COVID-19 Vaccination Leave                                   This leave is for up to 3 consecutive hours of job-protected, paid time off
                                                             per vaccination appointment.
                                                             Employees are eligible for this leave if they need to care for:
                                                                    • Quarantined or self-isolated family members
                                                                    • Children who are unable to attend school or child care services
                                                                        as a result of COVID-19
Extended COVID-19 Personal and Family Responsibility Leave   Leave is flexible in length and ends when the employee’s family member
                                                             no longer requires care
                                                             This is an unpaid leave but federal income support may be available
                                                             (COVID-19 Emergency Benefits)
Fixed term
                             Agreed hourly/daily rate
                             Entitled to holiday pay based on the length of
                 Temporary   work term
                             Employer required to deduct taxes from
Definitions of               temporary employee’s pay
 Temporary,                  Employment contract has no end date
 Permanent       Permanent
                             Employee is eligible for drug/dental/vision/life
                             insurance benefits
and Contract                 Employer required to deduct taxes from
                             permanent employee’s pay
    Work
                             Work agreement between two companies
                             Employer company does NOT deduct taxes from
                             payments made to the contracted company
                 Contract    Contracted company is responsible for submitting
                             taxes directly to CRA
Allows you to experience different work setting and
                                           decide what fits you best before making a fulltime
                                           commitment
               Benefits of Temporary       Excellent opportunity to build a network of contacts
               work                        Flexible schedules; easier to manage you own time

 Benefits of                               Permanent employees receive a comprehensive

 Temporary,
                                           benefits package (health, savings, insurance…)
                                           Job security and advancement opportunities

 Permanent
                                           Permanent employees are long-term investment and
               Benefits of Permanent       promoting permanent employees from within the
                                           company is a preferred practice
and Contract
               Work
                                           Permanent employees receive paid time off and
                                           holiday pay.
    work
                                           You set the location, duration and pay rate of a job
                                           and know when your employment period will start
                                           and end.
               Benefits of Contract Work   Opportunity to discover different work environments
                                           and cultures
                                           Contract workers can take advantage of lower tax
                                           rates
1) Job Title
                 2) Reporting structure (who do you report to?)
                 3) Start date and length of employment term
                 4) Permanent/temporary/contract
Understanding    5) Rate of pay & pay deposit cycle/method
your Job Offer   6) Vacation Pay/Vacation Entitlement
                 7) Benefits
                 8) Policy signoff (Standard corporate Workplace
                    policies in Canada)
                 9) Notice Periods
Helpful Links/Resources
• Canada Revenue Agency Online Payroll Deduction Calculator

• Alberta Employment Standards Publications

• Employment Standards Guide for Employees

• Employment Standards Guide - COVID-19 Information
Questions
You can also read