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The EI system is managed by Service Canada, a service delivery network reporting to the Minister of Employment and Social Development Canada. A bit over half of EI benefits are paid in Ontario and the Western provinces but EI is especially important in the Atlantic provinces, which have higher rates of unemployment.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
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Within this article, we will start by helping you understand the difference between bi-weekly and bi-monthly pay schedules and then look at different ways you can use (or invest) your extra paychecks.
In many cases this helps an employee save taxes. An employee typically has to submit some bills to validate the actual amounts. This has to then be approved typically by their manager and finance team. Some common reimbursement components in Indian Payroll include Telephone Bills, Driver Salary, Fuel Reimbursements etc. [10]
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The November jobs report out Friday showed construction companies remain measured in their staffing decisions as economic uncertainty weighs on the sector amid high interest rates and immigration ...