Hiring in Newfoundland and Labrador for the first time? Our guide to Newfoundland payroll and employment law will ensure you have the information you need to make smart business decisions!
Our guide provides payroll and HR basics, hiring strategies, and a thorough overview of the employment market. We outline the costs and benefits of opening a local subsidiary vs hiring through an EOR, and the importance of having certified payroll practitioners to take care of your Newfoundland new hires.
Download our Guide to learn about:
- Minimum wage and overtime rules
- Public holiday rules
- Vacation, sick day, and leave of absence rules
- Employer taxes and employee taxes
- Mandatory and optional employee benefits
- Key Newfoundland employment laws
Newfoundland and Labrador Quick Facts
Although Newfoundland and Labrador became Canada’s youngest province when it joined Confederation in 1949, it’s home some of the country’s oldest European settlements. Located on (and off) Canada’s east coast, the province’s abundant fisheries are its key economic driver. More recently, offshore oil and gas have become integral to its economic landscape.
- Official Language: English
- Time Zones: ADT
- Population: 531,583
- GDP: $40M
- Job Growth: Average of 4% over the last five years
- Main Industries: Oil and gas, mining, hydroelectricity, and fishing
- Average Salaries
- Senior Software Engineer: $79,720
- Senior Marketing Manager: $60,320
- Senior Sales Manager: $98,112
- Cost of Living: Newfoundland’s cost of living is one of the lowest in Canada, and its salaries are accordingly smaller than average.
- Competitive Advantage: Newfoundland has become a prime real estate market for highly-skilled workers looking for a lower cost of living and slower pace of life. The province is home to more and more remote technology and service employees looking for new opportunities.
About Us
Canadian Payroll Services is an Employer of Record (EOR) focused on connecting Canadian talent with global business. We make it possible for global businesses of all sizes to hire remote workers in Canada without creating a local entity.
