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e. Employee benefits and benefits in kind (especially in British English ), also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. [ 1] Instances where an employee exchanges (cash) wages for some other form of benefit is generally ...
Website. www .optrust .com. OPTrust, officially the OPSEU Pension Trust, [ 2] is a legal trust formed by the contractual agreement between the two plan sponsors, Ontario Public Service Employees Union ( OPSEU) and the Government of Ontario. [ 3] It manages one of Canada 's largest pension funds and administers the OPSEU Pension Plan. [ 4]
The Workplace Safety and Insurance Board (WSIB) is the workplace compensation board for provincially regulated workplaces in Ontario. As an agency of the Ontario government, the WSIB operates "at arm's length" from the Ministry of Labour, Training and Skills Development and is solely funded by employer premiums, administration fees, and ...
The Ministry of Public and Business Service Delivery and Procurement ( MPBSDP; formerly the Ministry of Government and Consumer Services) is a ministry of the Government of Ontario. It is responsible for ServiceOntario, which, among other responsibilities, issues driver's licenses, health cards, birth certificates and other provincial documents ...
The National Payroll Institute, formerly the Canadian Payroll Association (CPA), represents Canadian employers' payroll interests.. Canada's 1.5 million employers annually pay $929 billion in wages and taxable benefits, $310 billion in federal and provincial statutory remittances, and $180 billion in health and retirement benefits, as well as produce 26 million T4s, 9 million T4As, and 7 ...
The Ontario Municipal Employees Retirement System [3] (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario.OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario.
Employment Standards Act. The Employment Standards Act, 2000[ 1] (the Act) is an Act of the Legislative Assembly of Ontario. The Act regulates employment in the province of Ontario, including wages, maximum work hours, overtime, vacation, and leaves of absence. It differs from the Ontario Labour Relations Act, which regulates unionized labour ...
Sunshine list. A sunshine list is a listing of salary, benefit and severance information. [ 1] Its colloquial name refers to the goal of illuminating government expenditures. [ 2] In Canada, the list is commonly used for example by provincial or municipal governments to identify any publicly employed person making CA$ 100,000 salary or higher. [ 3]