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Demand for specialized payroll professionals increasing: Survey • Second quarter prescribed interest rates set • Second quarter prescribed interest rates set • Payroll earnings up 0.9 per cent in December: StatsCan • Canada lost 7,000 jobs in February: StatsCan • No payroll-related tax changes in Alberta budget • Manitoba budget proposes minimum wage hike • No payroll-related tax changes in Saskatchewan budget
|Canadian Payroll Reporter|Last Updated: 04/08/2014

Demand for specialized payroll professionals increasing: Survey

TORONTO

The demand for payroll professionals with specialized skills is increasing, says a new salary survey by Hays Canada. The survey results were released with the launch of the company’s first Canadian payroll salary guide.

"Based on the results from this year’s guide, we learned not only that payroll is becoming more specialized, but also that the profession is changing as employers aim to become more lean and efficient," said Antony McElwee, senior manager with Hays Accounting and Finance.

"The demand for specialized skills sets and experience is rising, resulting in competition for payroll professionals, particularly those with complex experience in multi-province and international (particularly the U.S.) payroll and unionized environments, as well as professionals with payroll compliance knowledge. Hybrid roles with an element of HR and benefits experience are also becoming more sought after by mid-sized companies."

The survey, done in collaboration with the Canadian Payroll Association, polled more than 2,000 Canadian payroll professionals and practitioners. It found employers are having a difficult time finding entry-level payroll professionals with certain specialized experience in specific technical systems (such as PeopleSoft, SAP or cloud-based systems).

As a result, salaries for these workers are going up as employers compete to hire them.

Second quarter prescribed interest rates set

OTTAWA