Simplifying Payroll Services in Canada
IRIS PSI Payroll specializes in assisting US and international organizations manage their payroll requirements in Canada. With a wealth of payroll experience, our team will deliver your payroll efficiently, accurately, and on-time every pay day
Managed Payroll Services in Canada
Processing payroll in Canada can be a daunting task due to differing regulations, tax codes, multiple languages, and compliance standards. With a team of Canada-based payroll experts, IRIS PSI will ensure you remain compliant with local laws and regulations and ensure your employees are paid accurately and on time, every time.
- Dedicated Canada-based point of contact
- Ensure compliance with Canadian legislation
- Remove the risk and improve accuracy
Worry-free compliance
IRIS PSI has the knowledge and experience to support your business to:
- Open a Payroll Account: Before getting started with your payroll, we will help you register with the necessary government agencies.
- Obtain a CRA Number: Your business number (BN) from the Canada Revenue Agency (CRA) must be obtained or updated so statutory deductions are remitted, such as income tax.
- Submit Required Reports: PSI will submit your GST/HST returns Corporate income tax return Non-Resident Tax Withholding, Remitting, and Reporting Statements for you.
IRIS PSI will manage this and more, from local pay to benefits, to ensure your Canadian workforce is paid accurately, on-time, every time and your business is free from risk.
Why choose IRIS PSI for Payroll in Canada
We’re driven by four promises to our clients:
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Simple Payroll Onboarding
A stress-free onboarding experience for your organization & employees, that is convenient, timely and accurate.
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Expert People-led Advice
Expert advice from certified payroll & HR practitioners, that provide in-depth knowledge from years of experience and training.
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Quality of Service
We take the complexity out of Canadian payroll & benefits, ensuring your workforce are paid on-time, every time.
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Comprehensive Functionality
Robust & scalable processes delivering legislatively compliant pay & benefits using the latest secure technology.
Additional Services
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Government Remittance and Year End Processing
Understanding and staying up to date with Provincial and Federal payroll deductions can be overwhelming. We have years of experience managing Canadian payroll remittance for both Canadian and International companies. When PSI manages your payroll, remittances are submitted electronically on your behalf. Examples of government remittances and reports include:
- Provincial and Federal remittances (CPP/QPP, EI and Tax)
- Workers Compensation
- Wage garnishments
- Record of Employment (ROE) for terminated employees
The professional payroll team at PSI also manages and prepares your T4s, Relieves and all required year-end reports. We reconcile, prepare and submit the required tax forms to Canada Revenue Agency and/or Revenue Quebec on your behalf.
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HR Services & Consulting
If you find your business facing Canadian HR challenges but:
- You don’t have enough time to keep up with complex and ever-changing legislation
- You don’t have experts in-house
- You don’t have enough work to justify a full-time dedicated resource
- You need additional support for a project you’re working on
We’re here to help and have a solution for you. The best part is, you only pay for what you need. Visit our Canadian HR Services page for more information.
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Talent Acquisition
Our team of recruitment experts can execute on any, and all aspects of the recruitment lifecycle.
No matter what role, industry or geography, our experts will help you source and hire the best candidates for your organization, without any placement fees.
Activities we can support with (but not limited to):
- Job postings
- Screenings
- Interviews
- Reference Checking
- Offer management
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Employee Group Benefits
In the interest of helping our clients access affordable group plan benefits, PSI has developed plan solutions based on the pricing advantage of multiple employer membership.
- Offer a large multi-employer program for businesses with 1 to hundreds of employees
- Provide value through their ability to provide the combination of cost efficiency and quality
- Advising clients of legislative changes and other regulatory changes that affect their employee benefits
- Performance reporting
- Cost containment strategies
- Webinars and informational sessions
- Human resources consultation
- Front line service for information, administration and processing claims
Featured Resource
Employing Staff in Canada Guide
“Our Canadian employee population is too small to run cost effectively inhouse and would be a huge lift internally, so PSI has been an ideal solution. Monika and all of her colleagues are a delight to work with and have taught us a great deal about Canadian pay process!”
– Justin T – Fastly
Ready to talk to one of our experts?
Frequently asked questions
If you have any questions or want to get in touch you can contact us here
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Depending on your needs, we can have you set up within less than 1 week of lead time! Get in touch and we will provide you with an estimate and take you through the straightforward steps to bring you onboard.
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The cost is based on the number of employees – to get a detailed estimate, please contact us.
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No term contract or commitment. We will work with you to establish an agreement outlining the services PSI will provide as well as the expectations of each party.
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You can submit your payroll information with available templates or through email, fax or phone. Whatever is most convenient for you.
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In most cases, we set up a direct electronic transfer into your employee’s bank account of choice. Other options are available such as debiting to a pay card or mailing a cheque.
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Yes, all employees on payroll will receive a statement detailing gross and net pay, federal and provincial deductions, vacation time and any additional bonuses or deductions. Statements can be sent to your office for distribution or mailed individually to each employee.
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Simply contact your dedicated processing specialist. We have an employee form we will provide to capture all changes that will be validated, approved by you and executed without delay.
