Chapter 6: EThe Cost of Hiring a New Employee in Canada(and How Outsourcing Can Help)
Imagine this: you’re running a growing business in Canada, right on the edge of new opportunities and expansion. You know you need more help to make it happen, but hiring a new employee can be daunting—and expensive. If you’ve been hesitant, it’s no wonder; hiring in Canada can come with substantial costs, time commitments, and plenty of risks that can drain resources just when you need them most.
6.1 The True Cost of Hiring in Canada
For small business owners, hiring an employee in Canada is more than just the salary. Canadian employers can expect to spend an extra 30-40% on top of an employee’s base pay, covering Canada Pension Plan (CPP) contributions, Employment Insurance (EI), health benefits, and paid leave. For a $50,000 salary, this could mean an actual cost of around $65,000 once all these mandatory extras are added in. And that’s not counting the time. From job postings and interviews to final onboarding, it typically takes a Canadian business about 42 days to bring on a new employee.
6.2 Time, Paperwork, and the Hidden Costs of Recruitment
Then there’s the mountain of paperwork—contracts, benefits, and tax forms—often an
administrative burden for small businesses without dedicated HR teams. And let’s not forget the risk factor: what if your new hire isn’t the right fit? You’re back to square one, with added expenses in recruitment and training time.
6.3 A Smarter, More Flexible Solution: Plutus Solutions
Now, picture a different story. Imagine having a qualified professional on your team in just 21 days or less without the extra benefits and onboarding costs. That’s where Plutus Solutions steps in. Our nearshore outsourcing model connects you with skilled, bilingual Guatemalan professionals who are culturally aligned with North American business practices and available to work in real-time with your team.
And we know fit matters. When you hire with Plutus, you get a full two months to test the waters and make sure your new hire is the right match for your business. If things aren’t clicking, no problem—we’ll find you a better fit at no additional cost. Plus, with no recruitment, onboarding, or hidden fees, what you see is what you get: a seamless, low-cost solution for expanding your team.
At Plutus, we’re here to save you time, money, and the hassle of traditional hiring, so you can focus on what really matters: growing your business. If you’re ready for a new approach that fits your budget and your goals, it might be time to explore how nearshore outsourcing with Plutus can work for you.
