Are you wondering why Grizzly Force is withholding an amount from your Paycheck? 

Do not worry, we’ve got you covered! 

The Canadian workforce has 2 sets of workers, one being an employee and the other a contractual worker. Both come with their own set of benefits and shortcomings. As an employee, you are entitled to the following benefits, which a contractor is refrained from:

• Employment Insurance Premium (EI) – This is deducted from the employee, as well from the employer's end. Employment Insurance backs you up on your rainy days and provides you with temporary financial assistance in case of job loss, sickness, or pregnancy. 
   
  • • Read about Maternity/Paternity benefits as per Canadian law
      
      
• Canada Pension Plan (CPP) contributions – These deductions are remitted from the employee and employer sides. It is a government mandate for the employer to deduct the amount and contribute from their end. CPP is a retirement planning fund that an individual receives post their retirement. To claim this benefit, you must be at least 60 years old. 
• Income tax - Charged federally and provincially. For budget planning purposes it is simpler to have these amounts withdrawn during the course of the year versus getting a major bill from the CRA towards the year's end.

Now, as a contractor, there are no deductions like EI, CPP, and income tax. Contractors are responsible for tracking their overall yearly income and remitting taxes to the government, including income tax, GST and PST.

Of course, there is no limit to working hours as a contractor, but that is the same case if you are an employee with Grizzly force. You are free to choose your shift, hours, days, and companies you want to work for. Also, not to forget Grizzly force's favourite feature of getting paid within 24 hours. 

Also, don’t forget to check your pay stub closely. Grizzly Force employees get paid for their vacation days too; that is an added advantage of being a Grizzly Force employee.

Find more information at Grizzly Force! Or Download the Grizzly Force App and sign up for Jobs, right from your Mobile Screen 😊