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onboarding
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docs/build/html/onboarding_employee.html
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docs/build/html/onboarding_employee.html
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both the organizational and payroll systems. It ensures that the employee is properly registered, legally compliant, and ready to be paid
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accurately and on time.</p>
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<p>Key Steps on Onboarding an Employee:</p>
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<ul class="simple">
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<ul>
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<li><p>Collect Required Personal Information: Includes full legal name, address, date of birth, and Social Insurance Number (SIN). The SIN is critical for tax reporting to the CRA (Canada Revenue Agency).</p></li>
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<li><p>Obtain Federal & Provincial Tax Forms: New employees must complete Form TD1 (Federal and possibly a Provincial version) to declare tax credits and determine income tax withholdings.</p></li>
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<li><p>Set Up Banking Info for Direct Deposit: Employees usually provide a void cheque or bank form to set up electronic payments.</p></li>
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<li><p>Register the Employee in the Payroll System: Involves entering all personal and job-related data, assigning a payroll ID, and verifying employment status (e.g. full-time, part-time, contract).</p></li>
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<li><p>Enroll in Benefits or Pension Programs: If applicable, the employee may be signed up for group insurance, retirement savings plans (like RRSP or pension plans), and other benefits. These deductions must be accurately reflected in payroll.</p></li>
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<li><dl class="simple">
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<dt>Assign Statutory Deductions that Employers must withhold and remit</dt><dd><ul>
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<li><p>Assign Statutory Deductions that Employers must withhold and remit</p>
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<blockquote>
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<div><ul class="simple">
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<li><p>CPP (Canada Pension Plan)</p></li>
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<li><p>EI (Employment Insurance)</p></li>
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<li><p>Income Tax (based on TD1 form)</p></li>
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</ul>
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</dd>
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</dl>
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</div></blockquote>
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</li>
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<li><p>Confirm Employment Agreement & Start Date</p></li>
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</ul>
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