An employee must pay an employee by either:

• lawful Canadian currency,

• a cheque drawn upon a chartered bank,

• by direct deposit to the employee's account in a chartered bank

An employer must:

• pay an employee in intervals not more than 16 days; and

• include all wages earned up to and including a day that is not more than 5 working days prior to the time fixed for payment

Note: this does not necessarily apply if an employee is under a collective agreement

Payment on termination

Any pay that an employee is entitled to on there termination of their employment is to be paid not later than the last day of the next pay period after the termination of the employment

Pay statement

Every employer shall provide a statement of payment at the time of payment: The statement should include:

• the employer's name and address,

• the employee's name,

• the period for which the wages are being paid,

• the regular rate of wages,

• the number of hours worked,

• the gross amount of wages,

• vacation pay,

• pay in lieu of notice of termination,

• deductions,

• any bonus or gratuity, and

• the net amount of money paid to the employee.

Payroll records

Every employer must have Payroll records for a period of 36 months after the employee performs work for the employer

PEI ESA s.5.2