How to Calculate the True Cost of a New Employee

When calculating the cost of a new hire, it’s important to note wages are merely the base cost of hiring an employee. As an employer, you also have to make Canada Pension Plan (CPP) contributions, employment insurance premiums, and other expenses.

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Original Article Source Credits: QuickBooks​​​​​​, https://quickbooks.intuit.com/

Article Written By Joy Blenman

Original Article Posted on: NA

Link to Original Article: https://quickbooks.intuit.com/ca/resources/managing-people/how-to-calculate-the-true-cost-of-a-new-employee/

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