Benefit Changes Effective January 1, 2021
The Pension & Benefits Committee has reviewed the maxima corresponding with the extended health and dental benefit provisions and approved the following changes effective January 1st, 2021:
The Pension & Benefits Committee has reviewed the maxima corresponding with the extended health and dental benefit provisions and approved the following changes effective January 1st, 2021:
As communicated by the Provost on November 12, changes apply to the Staff performance appraisal process for 2020, as follows:
Staff can choose between one of the following options:
This is a friendly reminder about the Payroll deadlines for December as they are early due to the holiday period. Adhering to the deadlines below will enable a smooth and timely processing window to set employees up for their start date, allow them system access and set-up, and ensure they are paid within the correct pay period according to legislative requirements.
On Tuesday, November 10th, Workday will be undergoing maintanence from 7am until 7:30am to update single sign-on certificates.
Individuals logged in to Workday before the maintenance window will not be affected. Individuals that log into Workday during the maintenance window may experience intermittent service issues.
Please contact the IST Service Desk, helpdesk@uwaterloo.ca or 519-888-4567 ext. 44357 if you have any questions or concerns.
The minimum wage rates in Ontario are increasing on October 1, 2020 as summarized in the following table:
Minimum wage rate |
Current wage rate |
Effective October 1, 2020 |
---|---|---|
General minimum wage – applies to most employees |
$14.00 per hour |
$14.25 per hour |
From: Finance
Date: July 23, 2020
Subject: Personal Income Tax Forms Related to Working from Home for Calendar Year 2020
What is happening?
The Pay Equity Act (the “Act”) requires the University to follow compensation practices that ensure employees in female job classes are paid at least as much as employees in male job classes of comparable value. The University issued its first plans for compliance on January 1, 1990 and has been committed to meeting pay equity requirements since the Act’s inception.
REMINDER: Vacation credits greater than 10 days will automatically be carried over in Workday until August 31, 2020. Please refer to the memo released about Staff vacation carryover on April 29, 2020.
Members of the University of Waterloo Pension Plan for Faculty and Staff look forward to receiving their annual pension statement each year in June. We understand the importance of member statements; receiving complete, accurate and timely information about pension benefits and available options is key to making well-informed decisions.
Due to the unprecedented challenges of COVID-9, the 2019 annual pension statements will be mailed to plan members’ home address in August 2020. We appreciate your understanding given these challenging times.
HR is excited to introduce enhancements to the Change Form: