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2025-08-22 23:40:58 -04:00
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@@ -47,3 +47,19 @@ requirements for the various pieces of legislation from these sources.
practitioners, this means performing payroll functions according to practitioners, this means performing payroll functions according to
federal and provincial/territorial legislative and non-governmental federal and provincial/territorial legislative and non-governmental
stakeholder requirements. stakeholder requirements.
The legislative requirements are termed **statutory**. This means they are
enacted, created, or regulated by statute, a law enacted by the legislative
branch of a government. Fines and penalties can be imposed if an organization
is not in compliance with the legislative requirements in each jurisdiction.
When dealing with federal and provincial/territorial government agencies,
payroll administrator must know the many pieces of legislation that
regulate their work and the compliance requirements associated with each.
Payroll administrators are responsible for ensuring their organization is
compliant with all payroll related legislation, thus eliminating the
potential for any fines or penalties.
In payroll, there are also compliance requirements from other non-government stakeholders,
for example, union collective agreements or group insurance policies. Payroll administrator
must therefore ensure the organization is compliant with all stakeholder requirements.