- Posting by Chidi
According to a study conducted by Payments Canada, 38% of Canadians do not feel well equipped to catch pay statement discrepancies. With around $971 billion paid in annual wages and benefits to Canadians and a complex and evolving array of deductions, it’s inevitable that on occasion mistakes and discrepancies can happen.
Key findings from the study:
- 34% only focus on payment details when it’s time to file their taxes
- 23% would feel uncomfortable asking their employer to explain income deduction details on their pay statement
- 31% say they are interested in ‘payment on demand’
- 35% find reviewing their pay information daunting
Read the full report for details, click here.
This article was not written by us we just shared as we thought it might be helpfulClick Here to Visit Orignal Source of Article https://charityvillage.com/study-finds-gap-in-working-canadians-understanding-around-paycheque-details/