Tag: Canada

Canada s Top Small & Medium Employers (2016) #women #business #grants


#small companies

#

About the Competition


PolyCello employees inspecting equipment and product quality in the company’s blown film extrusion lines

Background

Now entering its 4 th year, Canada’s Top Small & Medium Employers is an editorial competition that recognizes the small and medium enterprises (SMEs) that offer the nation’s best workplaces and forward-thinking human resources policies. Canada’s SME sector is tremendously important to the nation and is responsible for:

  • over half of the nation’s gross domestic product;
  • almost 90% of the private-sector labour force; and
  • over three-quarters of the new jobs created in the past decade.

Our 2016 winners were announced in a special magazine published in The Globe and Mail on March 29, 2016. Read the press release issued the same day, announcing this year’s winners.

Selection Process

Employers are evaluated by the editors of Canada’s Top Small & Medium Employers using the same eight criteria as our national competition :

  • (1) Physical Workplace;
  • (2) Work Atmosphere & Social;
  • (3) Health, Financial & Family Benefits;
  • (4) Vacation & Time Off;
  • (5) Employee Communications;
  • (6) Performance Management;
  • (7) Training & Skills Development; and
  • (8) Community Involvement.

To determine eligibility, the Top 100 editors adopted the SME definition used by Statistics Canada, limiting the competition to private-sector commercial organizations with under 500 employees.


Fusion Learning employees looked back to the past for fashion inspiration during the summer conference

Editorial Partner

The Globe and Mail is our editorial partner on the Canada’s Top Small & Medium Employers competition. Each year, the competition winners are announced in a special magazine published nationally in The Globe and Mail. Our editors’ detailed reasons for selection are published on our job search engine, Eluta.ca click an employer’s name below to read why each of this year’s winners was chosen. Publishing detailed Reasons for Selection is an important feature of our competition: it provides transparency in the selection of winners and “raises the bar” so that other employers can discover and adopt initiatives that work well at other SMEs.

Eligibility Requirements

To be considered a “Small or Medium Enterprise”, your company must: (a) have less than 500 employees worldwide, including employees at any affiliated companies; and (b) be a commercial, for-profit enterprise, i.e. non-profit organizations don’t meet the definition.

2017 Competition

Applications for our 2017 competition will be available early in 2016. Our 2017 winners will be announced in a special magazine in The Globe and Mail early in 2017. To receive an application for next year’s competition, employers should join our mailing list:

Editorial Conference

To learn more about the competition, we invite you to join us at the Top Employer Summit. our annual editorial conference on the Canada’s Top 100 Employers project. This event lets you discover the latest best practices from winners, meet competition organizers and editors, and hear inspiring stories from world-class speakers – all presented in a commercial-free format. The conference is Canada’s largest annual event for senior-level HR professionals.

Scalar Decisions employees at the company’s 10th anniversary party

The Little Engines of Growth

There are big differences working for Canada’s Top Small and Medium Employers

Jason Leung knows the difference between working for a big corporation and for a Small and Medium Employer. Really, it gets down to that little word “big”.

Leung used to work in sales, based in Vancouver, for one of the world’s largest soft-drink companies. Now he works in a smaller city for a much smaller company that makes food for small and medium sized friendly creatures.

Petcurean Pet Nutrition, which produces premium pet food in Chilliwack, B.C. is a fast growing company in a fast growing category. It has operations in many of the same countries around the world that the soft-drink company does. But it still has only 64 global employees.

Talk to Leung, who is now an Export Manager, about the workplace culture. “At my old company, it was almost a competition among employees about who was working the longest, who was working the hardest, who was doing the most out there. It was just show off, show off, show off. But here they really promote work-life balance. It feels like family.”

Then there is the challenge of getting something done. “Here, no door is closed, no one says, that’s not my department, don’t talk to me,” says Leung. “At my old company, I’d see it all the time. You’ve got to go through the ranks, talk to your senior manager, the senior manager talks to another person who talks to the person you really need. Here, I just walk into the general manager’s office myself.”

Millions of Canadians share Leung’s kind of workplace environment, although their company may not have made the list of Canada’s Top Small and Medium Employers. Some 90 per cent of the private-sector labour force is employed by a SME (commonly pronounced Smee, like Captain Hook’s sidekick). SMEs are credited with creating over 75 per cent of new jobs in Canada in the past decade.

And this little engine of growth often works on quite different principles from the big locomotives. Leung’s account of the contrasts he found between a soft-drink giant and a pet food SME is echoed 3,200 kilometres away in a tech company in the Waterloo region. “Generally people who come to us from large organizations are very familiar with structure and going through channels,” says Dan Latendre, Founder and CEO of Igloo Software, which employs just over 90 people in Kitchener, Ont. “Whereas here, we’re all about agility and innovation if that’s a great idea, why aren’t we acting on it?”

Latendre believes in a “flat”, non-hierarchical style of organization that can be surprising to people who come from big companies. “They’re very aware of chain of command,” he says. “Here it’s, hey, we’ve formed a project team, let’s get this project done. You may have me, as CEO, in the project along with other people. But we all work for the project manager, and we all have tasks to get done. Which kind of blows people’s minds, that they’re working directly with the CEO.”

To some people, notes Richard Yerema, Managing Editor for Mediacorp Canada, which compiled the SME list, working for a small company means trade-offs a more family style atmosphere and more agility, perhaps, but fewer benefits than at a big outfit. But the 100 companies on this 2016 SME list are proof that sometimes you can have it all. Benefits are often competitive with those of much larger firms.

Take Petcurean. Its Human Resources Manager, Cari McClelland, joined a year ago and found a benefit plan that included prescription drugs, a maternity leave top-up, long-term disability and, after staff asked for it, vision care.

“For a company our size to carry that extensive a benefit package is not the norm,” says McClelland, an experienced HR professional. “I’ve been amazed at the willingness of our leadership to say, ‘let’s look at it if we can do it, we’ll do it’.”

Yet many such benefits are becoming the norm at Canada’s Top SMEs. Yerema says that nearly half of the employers on this year’s list provide some form of maternity leave top-up the additional payment that brings a new mother’s Employment Insurance benefit closer to her original salary for a certain number of weeks. “That is quite an accomplishment,” says Yerema. “Ten years ago, even many large companies weren’t offering it.”

At Igloo, too, Latendre offers benefits that his staff say are equivalent to those of large tech companies they’ve worked at, such as BlackBerry. They also get stock options, offering the promise that the company’s success will benefit every employee.

And that may be another part of the attraction of the Small and Medium Employer. Along with the friendly atmosphere, the quick decision-making and the pot-luck get-togethers, there’s the idea that this small upstart might one day become the most successful software company or pet food company in the world. “SMEs capture the imagination for a lot of people,” notes Yerema. “What would it have been like to be the fifth person hired at Google?”

By Berton Woodward
From the official announcement magazine for Canada’s Top Small & Medium Employers, published on March 29, 2016 in The Globe and Mail.

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Canada s Top Small & Medium Employers (2016) #stock #market #info


#small companies

#

About the Competition


PolyCello employees inspecting equipment and product quality in the company’s blown film extrusion lines

Background

Now entering its 4 th year, Canada’s Top Small & Medium Employers is an editorial competition that recognizes the small and medium enterprises (SMEs) that offer the nation’s best workplaces and forward-thinking human resources policies. Canada’s SME sector is tremendously important to the nation and is responsible for:

  • over half of the nation’s gross domestic product;
  • almost 90% of the private-sector labour force; and
  • over three-quarters of the new jobs created in the past decade.

Our 2016 winners were announced in a special magazine published in The Globe and Mail on March 29, 2016. Read the press release issued the same day, announcing this year’s winners.

Selection Process

Employers are evaluated by the editors of Canada’s Top Small & Medium Employers using the same eight criteria as our national competition :

  • (1) Physical Workplace;
  • (2) Work Atmosphere & Social;
  • (3) Health, Financial & Family Benefits;
  • (4) Vacation & Time Off;
  • (5) Employee Communications;
  • (6) Performance Management;
  • (7) Training & Skills Development; and
  • (8) Community Involvement.

To determine eligibility, the Top 100 editors adopted the SME definition used by Statistics Canada, limiting the competition to private-sector commercial organizations with under 500 employees.


Fusion Learning employees looked back to the past for fashion inspiration during the summer conference

Editorial Partner

The Globe and Mail is our editorial partner on the Canada’s Top Small & Medium Employers competition. Each year, the competition winners are announced in a special magazine published nationally in The Globe and Mail. Our editors’ detailed reasons for selection are published on our job search engine, Eluta.ca click an employer’s name below to read why each of this year’s winners was chosen. Publishing detailed Reasons for Selection is an important feature of our competition: it provides transparency in the selection of winners and “raises the bar” so that other employers can discover and adopt initiatives that work well at other SMEs.

Eligibility Requirements

To be considered a “Small or Medium Enterprise”, your company must: (a) have less than 500 employees worldwide, including employees at any affiliated companies; and (b) be a commercial, for-profit enterprise, i.e. non-profit organizations don’t meet the definition.

2017 Competition

Applications for our 2017 competition will be available early in 2016. Our 2017 winners will be announced in a special magazine in The Globe and Mail early in 2017. To receive an application for next year’s competition, employers should join our mailing list:

Editorial Conference

To learn more about the competition, we invite you to join us at the Top Employer Summit. our annual editorial conference on the Canada’s Top 100 Employers project. This event lets you discover the latest best practices from winners, meet competition organizers and editors, and hear inspiring stories from world-class speakers – all presented in a commercial-free format. The conference is Canada’s largest annual event for senior-level HR professionals.

Scalar Decisions employees at the company’s 10th anniversary party

The Little Engines of Growth

There are big differences working for Canada’s Top Small and Medium Employers

Jason Leung knows the difference between working for a big corporation and for a Small and Medium Employer. Really, it gets down to that little word “big”.

Leung used to work in sales, based in Vancouver, for one of the world’s largest soft-drink companies. Now he works in a smaller city for a much smaller company that makes food for small and medium sized friendly creatures.

Petcurean Pet Nutrition, which produces premium pet food in Chilliwack, B.C. is a fast growing company in a fast growing category. It has operations in many of the same countries around the world that the soft-drink company does. But it still has only 64 global employees.

Talk to Leung, who is now an Export Manager, about the workplace culture. “At my old company, it was almost a competition among employees about who was working the longest, who was working the hardest, who was doing the most out there. It was just show off, show off, show off. But here they really promote work-life balance. It feels like family.”

Then there is the challenge of getting something done. “Here, no door is closed, no one says, that’s not my department, don’t talk to me,” says Leung. “At my old company, I’d see it all the time. You’ve got to go through the ranks, talk to your senior manager, the senior manager talks to another person who talks to the person you really need. Here, I just walk into the general manager’s office myself.”

Millions of Canadians share Leung’s kind of workplace environment, although their company may not have made the list of Canada’s Top Small and Medium Employers. Some 90 per cent of the private-sector labour force is employed by a SME (commonly pronounced Smee, like Captain Hook’s sidekick). SMEs are credited with creating over 75 per cent of new jobs in Canada in the past decade.

And this little engine of growth often works on quite different principles from the big locomotives. Leung’s account of the contrasts he found between a soft-drink giant and a pet food SME is echoed 3,200 kilometres away in a tech company in the Waterloo region. “Generally people who come to us from large organizations are very familiar with structure and going through channels,” says Dan Latendre, Founder and CEO of Igloo Software, which employs just over 90 people in Kitchener, Ont. “Whereas here, we’re all about agility and innovation if that’s a great idea, why aren’t we acting on it?”

Latendre believes in a “flat”, non-hierarchical style of organization that can be surprising to people who come from big companies. “They’re very aware of chain of command,” he says. “Here it’s, hey, we’ve formed a project team, let’s get this project done. You may have me, as CEO, in the project along with other people. But we all work for the project manager, and we all have tasks to get done. Which kind of blows people’s minds, that they’re working directly with the CEO.”

To some people, notes Richard Yerema, Managing Editor for Mediacorp Canada, which compiled the SME list, working for a small company means trade-offs a more family style atmosphere and more agility, perhaps, but fewer benefits than at a big outfit. But the 100 companies on this 2016 SME list are proof that sometimes you can have it all. Benefits are often competitive with those of much larger firms.

Take Petcurean. Its Human Resources Manager, Cari McClelland, joined a year ago and found a benefit plan that included prescription drugs, a maternity leave top-up, long-term disability and, after staff asked for it, vision care.

“For a company our size to carry that extensive a benefit package is not the norm,” says McClelland, an experienced HR professional. “I’ve been amazed at the willingness of our leadership to say, ‘let’s look at it if we can do it, we’ll do it’.”

Yet many such benefits are becoming the norm at Canada’s Top SMEs. Yerema says that nearly half of the employers on this year’s list provide some form of maternity leave top-up the additional payment that brings a new mother’s Employment Insurance benefit closer to her original salary for a certain number of weeks. “That is quite an accomplishment,” says Yerema. “Ten years ago, even many large companies weren’t offering it.”

At Igloo, too, Latendre offers benefits that his staff say are equivalent to those of large tech companies they’ve worked at, such as BlackBerry. They also get stock options, offering the promise that the company’s success will benefit every employee.

And that may be another part of the attraction of the Small and Medium Employer. Along with the friendly atmosphere, the quick decision-making and the pot-luck get-togethers, there’s the idea that this small upstart might one day become the most successful software company or pet food company in the world. “SMEs capture the imagination for a lot of people,” notes Yerema. “What would it have been like to be the fifth person hired at Google?”

By Berton Woodward
From the official announcement magazine for Canada’s Top Small & Medium Employers, published on March 29, 2016 in The Globe and Mail.

Tags : , , ,

Online zee business news, home business canada #buying #a #business


#zee business

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Online zee business news

Online zee business news Analysis

Zee Business channel Latest Breaking News, Pictures, Videos, and Special Reports from. Omni-channel refers to retailing through online and offline channels.Zee Business Live TV Streaming news Online Free See more about TVs, Business and News. online zee business news Get the very latest in business – Breaking News, Latest News, fast updated Current News. Read breaking business news stories from India and around the globe.Zee Business is a Hindi business news channel based in Noida, India. The channel is owned by Zee News. Contents. hide. 1 See also; 2 References.

Home business approved by bbb my internet isnt working what should i do

Company”greatClipsJobs. Find your next opportunity on Simply Hired. New jobs are posted every day.The official YouTube page for GreatClips — the world’s largest salon brand.

What is the job opportunity in civil engineering

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Government job opportunity

Jobs. public service jobs. public service careers, careers in government, Saskatchewan jobs. careers. The State of Ohio offers a wide range of career opportunities. A career in public service is an honorable choice. The work we do impacts the lives of the people in.

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Put a price tag on your business: A guide to business valuation – Canada

#business valuation

#

Put a price tag on your business: A guide to business valuation

If you want to sell all or part of your business, you need to have an idea of its value. This information will help you understand the different approaches to business valuation, but you may want to seek professional guidance and advice. Prospective investors will also assess its value when they consider your proposal.

The process of determining the value is called valuation. You and the buyer or investor need to determine what you feel is an appropriate business valuation because it will be the basis for negotiating:

  • How much of your business the investor or buyer will purchase
  • How much the buyer or investor will pay (the price of the business or of its shares)
  • The return the buyer or investor can expect to earn

Ways of valuing a business

Valuation is not an exact science, and there are different ways of valuing a business. Each of these methods is based on different assumptions and financial information, which typically results in a different value for each method. For instance, you could base a valuation on the assets of a business (how much it owns) or by taking into account projected revenues or cash flows. Investors generally prefer methods based on cash flows. It s important to know about a variety of methods because they can be useful as benchmarks to check the validity of the value and the price you determine.

Earnings and cash flow-based methods:

  • Discounted cash flow
  • Going-concern value

Discounted cash flow

From the investor s perspective, this is usually the most accurate and effective way to estimate a business value because it is based on future cash flows. These cash flow figures reflect the amount of money that is estimated to come into the business and will ultimately determine the investor s return on investment. The discounted cash flow method is used to answer three critical questions:

  • Value: How much is your business worth today, based on what it will earn in the future?
  • Rate of return: What is the buyer s or investor s expected rate of return, given the amount invested and your business financial projections?
  • Equity share: How much equity will the buyer or investor receive for their investment?

The discounted-cash-flow method is often preferred because it can be more accurate than other methods. Its accuracy and complexity are due to the fact that it:

  • Uses cash flows: It takes into account the projected ups and downs of revenue over a period of time.
  • Discounts the cash flows: It adjusts the cash flows by a rate that is acceptable to the investor to account for risk and the time the investor must wait for a return.
How it works

In this method, cash flow predictions are discounted, or reduced, to adjust for the risk the investor faces and to make up for the fact that the investor could invest their money in something else.

Investors are looking to be compensated for their risk, and their benchmark rate or “discount rate” will adjust for the value of money over time. They will choose a discount rate and compare your proposal against that rate.

Advantages and disadvantages

The discounted cash flow method allows values to be estimated even when your cash flow is fluctuating. A start-up or new venture may expect to lose money in the first years and then make money in later years. These changes in cash flow are taken into account by the discounted cash flow method.

If you use this method, keep in mind that:

  • Its accuracy depends on the accuracy of your cash flow projections. That is why your financial data and assumptions are critical.
  • It is a complex process, so you may require professional guidance.
  • It can give you detailed estimates, but it is important to remember that business valuation is not an exact science your numbers will be based on assumptions and predictions of future performance.
Value: How much is your business worth today?

Let s say financiers are considering an investment in your business, but plan to take their money out in five years. To them, your business is worth today what it can earn during those five years, plus their share of the value of the business at the end of the five years. However, future cash flow numbers and the future value of the business are unknown. The discounted cash flow method applies adjustments or “discounts” to account for those unknowns.

Using this method, the value is the total of the cash flows, adjusted or discounted, plus the value remaining (or residual value), also discounted.

Rate of return: What rate of return will the investor expect?

Investors want to calculate their rate of return. To do that they must compare the amount of the investment to the amount they will earn at the end of the investment period. But how can they know what they will earn in the future? Again, they must use the discounted cash flow projections to estimate the future value of their investment. To do so, they will need to:

  • Estimate the cash flow in the final year
  • Estimate the value of the business based on the cash flow
  • Calculate the final value of their share in the business
  • Determine their rate of return
Value, return and exit strategy

The method used to calculate values and rates of return depends on the specific exit strategy used. Commonly-used methods include going-concern value, book value, and liquidation value.

Going-concern value

The going-concern value method calculates your business value based on its capacity to produce a stream of cash flow in the future. The greater the cash flow your business generates in the future, the higher your business value today.

How it works

The going concern value, like discounted cash flow, compares the current investment to the future receipts (cash inflows). This method uses the revenues of previous years to project future revenues, and it assumes those revenues will not change.

Book Value

This value is the net worth, or shareholders equity, of your business as shown in its financial statements. At its most simplified, subtracting your liabilities from your assets will give you your business net worth or book value. Book value can be described as the historical value of an asset that, at a given time (the day it was purchased), represented the economic or market value of the asset, less its accumulated depreciation.

How it works

To determine the book value, subtract your liabilities from the value of your assets. The difference gives you your net worth or shareholders equity. In practice, book value is seldom used in the process of securing venture capital, although it can be a realistic approach to measuring a small business net worth.

Liquidation value

A liquidation value is assigned to a business being sold in order to satisfy its creditors. Tangible assets, such as land, usually have a liquidation value close to their market value. Inventories and accounts receivable, on the other hand, are usually valued at less than what is shown in the books.

How it works

To determine the liquidation value, all assets are assigned distressed values, and all debts are totalled at book value. Most assets sold under duress are discounted from their fair market value. The difference between the distressed value of the assets and the actual or book value of the liabilities is referred to as the liquidation value.

The liquidation value doesn t reflect the real worth of an asset or a business; in most cases, it is substantially less than the market and book values. This method is typically used only if a business is in serious financial trouble.

Should I seek a financial advisor for help with valuation?

Business valuation is a complex task, and a financial advisor with experience in business valuation can be an invaluable asset.

A professional valuator can:

  • Provide the experience needed to accurately determine the value of your business
  • Offer an objective view of your business worth
  • Give investors more confidence in the credibility of your valuation

Conclusion

There is a saying in the venture capital industry: “The value of a business is only what someone is willing to pay for it.” In other words, the market, and your ability to attract investors and negotiate with them will determine the value or selling price.

Remember that many factors affect the value of your business. Seeking professional assistance can help you calculate an accurate value for your business.

Learn how to determine the value of your business and find ways to increase it.

What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

Enlist the help of an expert who can quantify the worth of all, or part, of your business or its securities.

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Home-based business – Canada Business Network #online #business #schools


#home based businesses

#

Home-based business

When you are your own boss, working from home may seem like an appealing prospect, but before you decide to start a home-based business, there are a few things to consider. Launching a business in your home could be ideal, depending on the space you require and the nature of your work. You should make sure that this arrangement suits both your personal and professional needs.

You may be drawn to the advantages of working from your home. It can be less expensive than renting or buying commercial space, there may be possible tax deductions you can claim, (for example, a portion of property taxes, utilities, repairs and maintenance, home insurance and a portion of your mortgage interest or rent) and you may have more flexibility with your hours.

Ask yourself a few questions to determine whether having a home-based business is right for you:

  • Will working on your own suit your personality? Some people prefer to be in the company of colleagues.
  • Do you have the self-discipline to motivate yourself, even when business is quiet?
  • Might you have difficulty setting boundaries between your personal life and your business role? Will you face interruptions from family and friends?
  • Is there enough room for the resources you need, like special equipment or employees?
  • If your business is successful, will there be room to expand? How will you address this when the time comes?

When you decide you are ready to launch your home-based business, consider the following suggestions:

  • Review provincial and federal health, safety and taxation regulations related to your business.
  • Check municipal by-laws and determine whether your area is zoned for operating a business, particularly if you plan to deal with the public or have non-family-members working out of your home.
  • Designate a specific area of your residence as your workspace (as removed as possible from the ebb and flow of your household activities).
  • Try not to let chores or other distractions take you away from your work and interrupt your productivity.
  • Avoid letting the less formal setting interfere with your professionalism.
  • Be available to your clients by keeping a consistent schedule and getting back to them in a timely fashion.
  • Be aware that some home-based business opportunities may be fraudulent.

Beware of home business opportunities that seem too good to be true!

When you work from home, it’s important to have a space that is comfortable and functional. Take the time to ensure your home office meets your needs.

If you operate a small business from your home, discover ways insurance can help mitigate your risk of potential losses.


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Buy a business or start your own? Canada Business Network #business #name #generator


#own your own business ideas

#

Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

  • Complete freedom to design and manage the business according to your vision.
  • Not bound by anyone else s rules, history or assets.
  • Opportunity to carve out a new niche in the market.
  • Can be less expensive than buying a successful business.
  • Can take time to become profitable.
  • There is no guarantee of business success and a high rate of failure for new businesses.
  • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

Buying an existing business or franchise

  • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
  • Can start bringing in profits more quickly.
  • Can be easier to get financing because the business model is proven.
  • The upfront investment is often higher than if you were starting your own business.
  • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

Learn more about buying a franchise as an option for starting a business.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

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Canada s Top Small & Medium Employers (2016) #rcm #business


#small companies

#

About the Competition


PolyCello employees inspecting equipment and product quality in the company’s blown film extrusion lines

Background

Now entering its 4 th year, Canada’s Top Small & Medium Employers is an editorial competition that recognizes the small and medium enterprises (SMEs) that offer the nation’s best workplaces and forward-thinking human resources policies. Canada’s SME sector is tremendously important to the nation and is responsible for:

  • over half of the nation’s gross domestic product;
  • almost 90% of the private-sector labour force; and
  • over three-quarters of the new jobs created in the past decade.

Our 2016 winners were announced in a special magazine published in The Globe and Mail on March 29, 2016. Read the press release issued the same day, announcing this year’s winners.

Selection Process

Employers are evaluated by the editors of Canada’s Top Small & Medium Employers using the same eight criteria as our national competition :

  • (1) Physical Workplace;
  • (2) Work Atmosphere & Social;
  • (3) Health, Financial & Family Benefits;
  • (4) Vacation & Time Off;
  • (5) Employee Communications;
  • (6) Performance Management;
  • (7) Training & Skills Development; and
  • (8) Community Involvement.

To determine eligibility, the Top 100 editors adopted the SME definition used by Statistics Canada, limiting the competition to private-sector commercial organizations with under 500 employees.


Fusion Learning employees looked back to the past for fashion inspiration during the summer conference

Editorial Partner

The Globe and Mail is our editorial partner on the Canada’s Top Small & Medium Employers competition. Each year, the competition winners are announced in a special magazine published nationally in The Globe and Mail. Our editors’ detailed reasons for selection are published on our job search engine, Eluta.ca click an employer’s name below to read why each of this year’s winners was chosen. Publishing detailed Reasons for Selection is an important feature of our competition: it provides transparency in the selection of winners and “raises the bar” so that other employers can discover and adopt initiatives that work well at other SMEs.

Eligibility Requirements

To be considered a “Small or Medium Enterprise”, your company must: (a) have less than 500 employees worldwide, including employees at any affiliated companies; and (b) be a commercial, for-profit enterprise, i.e. non-profit organizations don’t meet the definition.

2017 Competition

Applications for our 2017 competition will be available early in 2016. Our 2017 winners will be announced in a special magazine in The Globe and Mail early in 2017. To receive an application for next year’s competition, employers should join our mailing list:

Editorial Conference

To learn more about the competition, we invite you to join us at the Top Employer Summit. our annual editorial conference on the Canada’s Top 100 Employers project. This event lets you discover the latest best practices from winners, meet competition organizers and editors, and hear inspiring stories from world-class speakers – all presented in a commercial-free format. The conference is Canada’s largest annual event for senior-level HR professionals.

Scalar Decisions employees at the company’s 10th anniversary party

The Little Engines of Growth

There are big differences working for Canada’s Top Small and Medium Employers

Jason Leung knows the difference between working for a big corporation and for a Small and Medium Employer. Really, it gets down to that little word “big”.

Leung used to work in sales, based in Vancouver, for one of the world’s largest soft-drink companies. Now he works in a smaller city for a much smaller company that makes food for small and medium sized friendly creatures.

Petcurean Pet Nutrition, which produces premium pet food in Chilliwack, B.C. is a fast growing company in a fast growing category. It has operations in many of the same countries around the world that the soft-drink company does. But it still has only 64 global employees.

Talk to Leung, who is now an Export Manager, about the workplace culture. “At my old company, it was almost a competition among employees about who was working the longest, who was working the hardest, who was doing the most out there. It was just show off, show off, show off. But here they really promote work-life balance. It feels like family.”

Then there is the challenge of getting something done. “Here, no door is closed, no one says, that’s not my department, don’t talk to me,” says Leung. “At my old company, I’d see it all the time. You’ve got to go through the ranks, talk to your senior manager, the senior manager talks to another person who talks to the person you really need. Here, I just walk into the general manager’s office myself.”

Millions of Canadians share Leung’s kind of workplace environment, although their company may not have made the list of Canada’s Top Small and Medium Employers. Some 90 per cent of the private-sector labour force is employed by a SME (commonly pronounced Smee, like Captain Hook’s sidekick). SMEs are credited with creating over 75 per cent of new jobs in Canada in the past decade.

And this little engine of growth often works on quite different principles from the big locomotives. Leung’s account of the contrasts he found between a soft-drink giant and a pet food SME is echoed 3,200 kilometres away in a tech company in the Waterloo region. “Generally people who come to us from large organizations are very familiar with structure and going through channels,” says Dan Latendre, Founder and CEO of Igloo Software, which employs just over 90 people in Kitchener, Ont. “Whereas here, we’re all about agility and innovation if that’s a great idea, why aren’t we acting on it?”

Latendre believes in a “flat”, non-hierarchical style of organization that can be surprising to people who come from big companies. “They’re very aware of chain of command,” he says. “Here it’s, hey, we’ve formed a project team, let’s get this project done. You may have me, as CEO, in the project along with other people. But we all work for the project manager, and we all have tasks to get done. Which kind of blows people’s minds, that they’re working directly with the CEO.”

To some people, notes Richard Yerema, Managing Editor for Mediacorp Canada, which compiled the SME list, working for a small company means trade-offs a more family style atmosphere and more agility, perhaps, but fewer benefits than at a big outfit. But the 100 companies on this 2016 SME list are proof that sometimes you can have it all. Benefits are often competitive with those of much larger firms.

Take Petcurean. Its Human Resources Manager, Cari McClelland, joined a year ago and found a benefit plan that included prescription drugs, a maternity leave top-up, long-term disability and, after staff asked for it, vision care.

“For a company our size to carry that extensive a benefit package is not the norm,” says McClelland, an experienced HR professional. “I’ve been amazed at the willingness of our leadership to say, ‘let’s look at it if we can do it, we’ll do it’.”

Yet many such benefits are becoming the norm at Canada’s Top SMEs. Yerema says that nearly half of the employers on this year’s list provide some form of maternity leave top-up the additional payment that brings a new mother’s Employment Insurance benefit closer to her original salary for a certain number of weeks. “That is quite an accomplishment,” says Yerema. “Ten years ago, even many large companies weren’t offering it.”

At Igloo, too, Latendre offers benefits that his staff say are equivalent to those of large tech companies they’ve worked at, such as BlackBerry. They also get stock options, offering the promise that the company’s success will benefit every employee.

And that may be another part of the attraction of the Small and Medium Employer. Along with the friendly atmosphere, the quick decision-making and the pot-luck get-togethers, there’s the idea that this small upstart might one day become the most successful software company or pet food company in the world. “SMEs capture the imagination for a lot of people,” notes Yerema. “What would it have been like to be the fifth person hired at Google?”

By Berton Woodward
From the official announcement magazine for Canada’s Top Small & Medium Employers, published on March 29, 2016 in The Globe and Mail.

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RBC Visa Gift Cards – RBC Royal Bank #visa #gift #card #cards, #purchase #buy

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RBC Visa Gift Cards

Effective October 1, 2016, RBC Visa Gift Cards will no longer be available for purchase at RBC Royal Bank branches. If you have an RBC Visa Gift Card with funds remaining on the card, continue to use it until the balance reaches $0.Should there be funds remaining on your card after the expiry date found on the front of your card, please call 1-866-466-8079 to request a new card and to have the remaining balance carried forward. Remember to register your card at www.myrbccardbalance.com . Your card will need to be registered for most online purchases and must be registered in order for it to be replaced if it’s lost or stolen.

RBC Visa Prepaid Card – Important Information

If you have redeemed your RBC Rewards points for RBC Visa Prepaid Cards.

Please be advised that effective May 1, 2014. funds on certain RBC Visa Prepaid Cards no longer expire. If your RBC Visa Prepaid Card has an expiry date between May 2014 (05/14) and May 2015 (05/15) and was acquired by redeeming RBC Rewards points, any expiry fees are waived. If your card has expired, call 1-855-228-8885 to request that a new card be issued with the remaining balance carried over. For more information, refer to the agreement .

If you have an RBC Visa Prepaid Card beginning with the numbers 451017.

Effective May 1, 2014. the funds on RBC Visa Prepaid Cards starting with the numbers 451017 do not expire. If you have a card beginning with the numbers 451017 and has an expiry date of May 2014 (05/14) or later call 1-855-228-8885 to request a new card be issued with the remaining balance carried over at no additional charge. For more information, refer to the agreement .

If you have an RBC Visa Prepaid Card issued to you by the Red Cross from the flooding in Alberta last summer.

Please be advised that due to new Federal regulations, the funds on your card will no longer expire. Your card will continue to have an expiry date, because merchants must have an expiry date to process your transactions. We recommend that you use all the funds on your card prior to the expiry date displayed on the front of the card. However, if you choose not to do so, you may order a replacement card after the expiry date, subject to the applicable fees as set out in your agreement. Effective September 15, 2014 a new fee of $1.95 per month will be charged after 12 consecutive months of inactivity. For more information, refer to your agreement .

If you have an RBC Visa Prepaid Card issued to you by Baya Health.

Please be advised that due to new Federal regulations, the funds on your card will no longer expire. Your card will continue to have an expiry date, because merchants must have an expiry date to process your transactions. We recommend that you use all the funds on your card prior to the expiry date displayed on the front of the card. However, if you choose not to do so, you may order a replacement card after the expiry date, subject to the applicable fees as set out in your agreement .

If you have an RBC Visa Prepaid Card issued to you by Prairie Mines.

Please be advised that due to new Federal regulations, the funds on your card will no longer expire. Your card will continue to have an expiry date, because merchants must have an expiry date to process your transactions. We recommend that you use all the funds on your card prior to the expiry date displayed on the front of the card. However, if you choose not to do so, you may order a replacement card after the expiry date due to the subject fees in your agreement. Effective July 1, 2014. a new fee of $1.95 per month will be charged after 12 consecutive months of inactivity. For more information, refer to your agreement .

If you have an RBC Visa Prepaid Card issued to you by Sherritt Coal/Westmoreland Coal.

Please be advised that due to new Federal regulations, the funds on your card will no longer expire. Your card will continue to have an expiry date, because merchants must have an expiry date to process your transactions. We recommend that you use all the funds on your card prior to the expiry date displayed on the front of the card. However, if you choose not to do so, you may order a replacement card after the expiry date due to the subject fees in your agreement. Effective October 15, 2014. a new fee of $1.95 per month will be charged after 12 consecutive months of inactivity. For more information, refer to your agreement .

If you have an RBC Visa Gift Card that was purchased in an RBC Royal Bank Branch.

Effective November 1, 2012. the funds loaded to RBC Visa Gift Cards do not expire. If you have a card that starts with the numbers 451016 and has an expiry date of November 2012 (11/12) or later, it is eligible to have funds carried forward to a new card after expiry. Call 1-866-466-8079 to find out how to have a new card issued with the remaining balance carried over at no additional charge. For more information, refer to the agreement .

RBC Visa Commercial Prepaid Cards


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TransferWise launches international money transfers via Facebook #australia,canada,united #kingdom,united #states,max #r. #levchin,peter #a #thiel,richard

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TransferWise launches international money transfers via Facebook

The Facebook logo is displayed on their website in an illustration photo taken in Bordeaux, France, February 1, 2017. Regis Duvignau

NEW YORK (Reuters) – Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc’s chat application, as competition in the digital payments landscape intensifies.

The London-based startup said on Tuesday that it had developed a Facebook Messenger “chatbot”, or an automated program that can help users communicate with businesses and carry out tasks such as online purchases.

TransferWise’s chatbot enables customers to send money to friends and family to and from the United States, Britain, Canada, Australia and Europe from Facebook Messenger. It can also be used to set up exchange rate alerts.

Facebook already allows its users to send money domestically in the United States via its Messenger app, but has not yet launched similar services internationally. TransferWise said its service will be the first to enable international money transfers entirely within Messenger.

Facebook opened up its Messenger app to developers to create chatbots in April in a bid to expand its reach in customer service and enterprise transactions.

Chatbots have become a hot topic in enterprise technology over the past year because recent advances in artificial intelligence have made them better at interacting. Businesses, including banks, are hoping that they can be used to improve and reduce the cost of their customer service operations.

One of Europe’s most well-known fintech companies, TransferWise was launched in 2011 by Estonian friends Taavet Hinrikus and Kristo Käärmann out of frustration with the high fees they were being charged by banks for international money transfers.

The company, which is valued at more than $1 billion, is backed by several high profile investors including Silicon Valley venture fund Andreessen Horowitz, Virgin Group founder Sir Richard Branson, and PayPal co-founders Max Levchin and Peter Thiel, through his fund Valar Ventures.

Customers in more than 50 countries send roughly $1 billion through its website every month.

While the TransferWise chatbot is now only available in Facebook Messenger it can be adapted to work with other popular chat services, Scott Miller, head of global partnerships for TransferWise said. He said the service would eventually be extended to work in other countries and money transfer routes that the company operates in.

The launch comes as competition in the mobile payments and international money transfer sectors intensifies. Earlier this month PayPal Holdings Inc announced its U.S. payments application Venmo would be available within popular chat service Slack.

While in January. Ant Financial Services, an affiliate of Chinese e-commerce company Alibaba Group Holding Ltd, said it would acquire U.S. money-transfer company MoneyGram, in a deal that is expected to shake up the international payments landscape.

Reporting by Anna Irrera; Editing by Sandra Maler


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PrefInfo – from Hymas Investment Management Inc #james #hymas, #james #i. #hymas, #hymas, #pfd,

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