I OFFER my employees an opportunity to SAVE!

 

Attracting and retaining qualified employees and replacing workers who retire are just some of the challenges awaiting your company. The fact that you are reading these lines shows that you are looking for ways to hold on to these workers, who will be scarcer in the future.

Try an innovative strategy that will allow your employees to save by contributing to their RRSP from their pay. Offer them the Fond's payroll deduction plan.

Over 6,000 Québec businesses already do so. Why not you too?

Payroll deduction is a systematic way to save that gives your employees the option of contributing to their Fonds de solidarité FTQ RRSP from their pay while benefiting from 30% in additional tax credits.

With payroll deduction, your workers can also get their tax refund back on each pay rather than in a single payment when filing their tax return. This way, they hardly notice the reduction in net pay.

Video: payroll deduction for your employees

THE ADVANTAGES OF OFFERING PAYROLL DEDUCTION TO YOUR EMPLOYEES

IT’S ACCESSIBLE: Nearly 6,400 companies already offer payroll deduction to their employees, including more than 4,500 SMEs. At the Fonds, we don’t care how big you are or whether your employees are unionized: our goal is to offer them an easy and accessible way to save.

IT’S FLEXIBLE: The Fonds adapts to your payroll process and offers you the option of remitting the contributions electronically.

We process over 250,000 transactions every month, 75% of which are computerized.

IT’S EASY: Regardless of your payroll system, the Fonds is there to help you with the set-up, providing reference guides and telephone support, and even meeting with your payroll team if needed.

IT’S AFFORDABLE: There is absolutely no fee for offering the Fonds' payroll deduction plan.

IT PAYS OFF: Beause of the additional 30% in tax credits, the Fonds de solidarité FTQ RRSP makes saving accessible to all workers, regardless of their income.

EXAMPLE:

Employee's contribution: $500

Tax rate: approximately 38%

Employee's actual outlay: $160

 Investment

Tax Credits for the Fonds RRSP (30%)

 RRSP Tax Deduction (approx.)

Total Savings (approx.) 

Actual outlay

 $500

$150 

$190 

$340 

$160

Contact us

  • 1 855 631-4981

    Mon. to Fri. 8:30 am to 4:30 pm


  • Fax:
    514 383-2506

  • By e-mail

Did you know?

Over 185,000 workers contribute to the Fonds through payroll deduction.