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Accessibility for Ontarians with Disabilities Act – Are you Ready?

July 23, 2015

Accessibility for Ontarians with Disabilities Act was passed in 2005 to develop standards with milestones set every five years to make Ontario accessible by 2025. It is mandatory that all businesses with more than 1 employee and non-profit organizations must comply. Fines for not complying can reach $50,0000/day. AODA will set the accessibility standards in the following areas:

  • Customer Service
  • Employment
  • Information and Communications
  • Transportation
  • Design of Public Spaces

The deadline to file your business’ accessibility report is

DECEMBER 31st

Are you ready to file?

PTChr your resource partner has the perfect AODA expert to help prepare your company.

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Top 3 Accounting Mistakes of 2014

July 23, 2015

Top 3 Ghosts of Accounting-Blunders in 2014

#1 – Tesco’s fall from grace

Tesco is a multinational grocery and general merchandise retailer headquartered in the UK.

What happened?

Commercial department booked payments from suppliers into wrong accounting period.

The price they paid…

£20bn ($31.25 billion) wiped off its value, credit rating plummeted, stocks down by 53%, slipped in ranking from 2nd largest grocer in the world to 3rd largest.

More on this case: Read More…
#2 – Bank of America’s “incorrect adjustment”

What happened?

Wrong accounting data sent to the Federal Reserve.

The price they paid…

$4 billion, plans to raise dividends and buy back stock were suspended.

More on this case:  Read More…

#3 – American Realty Capital Properties Inc.

American Realty Capital (“ARC”)…

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Non-Returning Employees after Parental Leave

July 23, 2015

In Ontario our Maternity and Paternity Leave qualifications for an employee are clearly outlined. In most cases the employee will take all or a portion of the leave available to them. In some cases the employee will take all of the leave available to them but will not return to work. This can lead to staffing issues from the trickle-down effect relating to the backfilling of the employee that was on leave. A key consideration is to find out as soon as you can when the employee plans on returning to work. You should have a “keep in touch” plan for all employees that are on an extended leave whether or not it is related to childbirth. There are…

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Parental Leave Counts

July 23, 2015

For many HR professionals Maternity Leave is the primary issue they have to deal with when it comes to child birth. According to Statscan 9.4% of fathers take parental leave. On average these fathers take 7 weeks of leave after the arrival of their newborn. That works out to about 1 in 10 of your male employees will be taking parental leave in a given year. This could be a significant number if you have a large workforce or it is predominantly male. It is believed that social factors have kept the rate of those taking leave lower than in other locations. In Quebec for instance about 80% of fathers take parental leave. (Quebec has an enhanced Parental Leave…

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