InvestorsHub Logo
Followers 0
Posts 113
Boards Moderated 0
Alias Born 02/13/2013

Re: None

Thursday, 04/25/2013 12:43:02 PM

Thursday, April 25, 2013 12:43:02 PM

Post# of 7437
Canadian Ops got a email about a Payroll update the other day, I find it a little unnerving. ..

As of April 26 paydate; Paystubs will be issued by CPI Canadian Images instead of CPI Corp, this makes sense.

Also, any empolyee who is reciving a paper check will have it issues by the Reciever, Duff &Phelps Canada Restructuring Inc., on behalf of CPI. Now... although its not stated I would make a safe assumption that they are the ones paying the direct deposit people too... Taking in to account that the goal is to sell the business to someone else, this would make Payroll transition easy... but on the other hand I don't know if I like the idea of payroll being handled by a 3ed party like this, it seems to easy for CPI Canada to do the same thing as CPI corp.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.