Re: CAD Amalgamation - ROI and Confirmation with KPMG (GN!)

From
Alyson Rohane <alyson.rohane@thekey.com>
To
Geraldine Nath <geraldine.nath@thekey.com>, Tammi Franzese <tammi.franzese@thekey.com>, Nina Kani <nkani@thekey.com>
CC
Emily Kraeter <emily.kraeter@thekey.com>, eclark@thekey.com, Laszlo Kovacs <laszlo.kovacs@thekey.com>, Steve Koyanagi <skoyanagi@thekey.com>, Michael Jichetti <michael.jichetti@thekey.com>, Timothy Thomas <tt@thekey.com>, Germaine Daniels <germaine.daniels@thekey.com>
Date
Thu, 24 Apr 2025 07:28:06 -0700
Folder
INBOX
--0000000000003f11e6063387071a Content-Type: multipart/alternative; boundary="0000000000003f11e60633870719" --0000000000003f11e60633870719 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Good morning @Geraldine Nath - Legal is looking for your update on the ROI and decision if we are moving forward with the project to take next steps. Can you please confirm this as soon as possible? On Fri, Apr 18, 2025 at 7:09=E2=80=AFAM Germaine Daniels wrote: > Hi Team, > > I wanted to clarify that the question regarding payout or transfer of tim= e > off balances only pertains to corporate employees, as caregiver vacation > time is paid out each payroll (biweekly). > > Thanks, > > Germaine DanielsPayroll Director > germaine.daniels@thekey.com > Phone: 562-380-3662 > TheKey.com > > > On Fri, Apr 18, 2025 at 6:54=E2=80=AFAM Emily Kraeter > wrote: > >> I would want to transfer the balance over versus pay it out but agree we >> need to consult outside counsel to ensure that is a viable option. >> >> On Thu, Apr 17, 2025 at 12:01=E2=80=AFPM Nina Kani wr= ote: >> >>> +Adding Emily to the conversation as this relates to personnel and >>> benefits. >>> >>> I will seek legal advice from our Canadian counsel regarding the best >>> course as well. >>> >>> On Thu, Apr 17, 2025 at 11:29=E2=80=AFAM Germaine Daniels >> germaine.daniels@thekey.com> wrote: >>> >>>> Hi Team, >>>> >>>> I'm providing an update on the Ceridian implementation. >>>> >>>> During our discussion today with our Ceridian implementation >>>> representative, it was emphasized that we must provide the new entity = name >>>> and CRA number by April 30, 2025, with a strict deadline of May 2, 202= 5, to >>>> meet the go-live date of July 1, 2025. >>>> >>>> The representative stated that failure to meet the May 2, 2025, >>>> deadline would prevent Ceridian from accommodating a mid-year conversi= on, >>>> necessitating a conversion date of January 1, 2026. >>>> >>>> Furthermore, adhering to the May 2, 2025, deadline will result in a >>>> waiver of the $1,000 implementation fee per new account for the setup = of >>>> eight new accounts, saving us a total of $8,000. The representative wi= ll >>>> also work to match our current cost per payroll processing per account= . >>>> >>>> How should we handle PTO? Since the employees are terming from one >>>> entity to another, should their PTO balances be paid out or transferre= d to >>>> the new entity? >>>> >>>> Thanks, >>>> >>>> >>>> *Germaine Daniels* >>>> >>>> Director Payroll | TheKey >>>> >>>> Email: germaine.daniels@thekey.com >>>> >>>> Mobile: 562.784.1800 >>>> >>>> >>>> >>>> >>>> >>>> On Tue, Apr 15, 2025 at 3:53=E2=80=AFPM wrote: >>>> >>>>> Hi Gerri >>>>> >>>>> >>>>> >>>>> Checking in to see if we=E2=80=99ve heard back yet? >>>>> >>>>> >>>>> >>>>> >>>>> >>>>> Kind regards- >>>>> >>>>> >>>>> >>>>> *Elizabeth Clark* >>>>> >>>>> Director | *TheKey* >>>>> >>>>> Mobile: 619.822.4855 >>>>> >>>>> >>>>> >>>>> >>>>> >>>>> *From:* Ge

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