LO2 - Legally Required Benefits

• Legally required benefits


  are imposed upon organizations by the government and

  designed to help employees.
• Legally required benefits

  • CPP/QPP​
  • Employment Insurance​
  • Workers’ Compensation​
  • Health Insurance Plans​
  • Holidays & Vacations​
• CPP (Canada Pension Plan)


  is a mandatory plan for all self-employed persons and employees in Canada.
• Employment Insurance (EI)


  helps to alleviate people’s financial problems during the transition from one job to another.
• Worker's compensation


  in the event of personal injury by accident during their regular work.
• Health Insurance Plans


  is provided by provincial governments with assistance from the federal government.
• Holidays & Vacations


  usually based on the employee’s length of service. Also federally and provincially regulated.