Hays Payroll Salary Guide, March 2016
MESSAGE FROM THE CANADIAN PAYROLL ASSOCIATION (CPA)
The Canadian Payroll Association applauds Hays Canada for its continued research into payroll salary trends as outlined in the 2016 Payroll Salary Guide.
Payroll remains mission-critical to organizations. Canada’s 1.5 million employers rely on payroll practitioners for the timely and accurate payment of $901 billion in wages and benefits, $305 billion in statutory remittances to the federal and provincial governments and $169 billion in health and retirement benefits, while complying with more than 200 federal and provincial regulatory requirements.
Organizations continue to seek and value the expertise of Canadian Payroll Association members to be compliant and contribute to their goals. The results of the Hays Canada survey are encouraging, as they continue to showcase the growing value of certified payroll professionals in today’s competitive marketplace. This value is reflected in the growing salaries of payroll professionals who hold Payroll Compliance Practitioner (PCP) or Certified Payroll Manager (CPM) certifications.
Additionally, PCP Candidates (those certification-holders who have met the Canadian Payroll Association’s rigorous educational requirements and are working to build their payroll compliance experience) are increasingly in demand for entry-level payroll jobs. Overall, the salaries of our certification holders are consistently higher than their non-certified peers, and these professionals tend to have more compliance responsibilities.
As the Hays Canada survey indicates, employers are looking for payroll candidates with education, experience and certification. The Canadian Payroll’s Association’s certification programs are creating “job-ready” candidates to fulfil these employer needs.
The Canadian Payroll Association is the authoritative source of Canadian payroll compliance knowledge and our certification programs offer payroll practitioners the opportunity to increase their earning power, by keeping up-to-date on the essential legislative, regulatory and compliance knowledge. The Hays Canada survey results further illustrate what we already know from our certified members – employers value certification and are willing to invest in it.
The Canadian Payroll Association’s 20,000-plus members represent over 43,000 payroll practitioners who are responsible for more than 500,000 organizational payrolls, including 90 of Canada’s top 100 companies. Our members include nearly 14,000 certified professionals, comprising nearly 11,000 PCPs and more than 3,000 CPMs.
Our engaged and growing membership supports us in our mission of payroll compliance through education and advocacy. To find out more about our certification programs, professional development opportunities, and compliance services and programs, I encourage you to visit payroll.ca / paie.ca and join our community. Whether you’re new to payroll or considering a career in the field, or a seasoned professional looking to take your payroll career to the next level, membership with the Canadian Payroll Association is a must.
And if you are an accountant or finance professional with responsibility for Canadian payroll (whether you’re based in Canada or elsewhere), you won’t find a better resource for your Canadian payroll compliance needs.
Steven Van Alstine, CPM, CAE
The Canadian Payroll Association
Hays Payroll Salary Guide Available at hays.ca/payroll