News

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.

The minimum wage rates in Ontario are increasing on October 1, 2020 as summarized in the following table:

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.

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.