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

Hi Team,

I wanted to clarify that the question regarding payout or transfer of time
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 AM Emily Kraeter <emily.kraeter@thekey.com>
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 PM Nina Kani <nkani@thekey.com> wrote:
>
>> +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 AM 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, 2025, 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 conversion,
>>> 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 will
>>> 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 transferred to
>>> the new entity?
>>>
>>> Thanks,
>>>
>>>
>>> *Germaine Daniels*
>>>
>>> Director Payroll | TheKey
>>>
>>> Email: germaine.daniels@thekey.com
>>>
>>> Mobile: 562.784.1800
>>>
>>> <http://www.thekey.com>
>>>
>>>
>>>
>>> On Tue, Apr 15, 2025 at 3:53 PM <eclark@thekey.com> wrote:
>>>
>>>> Hi Gerri
>>>>
>>>>
>>>>
>>>> Checking in to see if we’ve heard back yet?
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> Kind regards-
>>>>
>>>>
>>>>
>>>> *Elizabeth Clark*
>>>>
>>>> Director | *TheKey*
>>>>
>>>> Mobile: 619.822.4855
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> *From:* Geraldine Nath <geraldine.nath@thekey.com>
>>>> *Sent:* Friday, April 11, 2025 11:53 AM
>>>> *To:* alyson.rohane@thekey.com; Germaine Daniels <
>>>> germaine.daniels@thekey.com>
>>>> *Cc:* Laszlo Kovacs <laszlo.kovacs@thekey.com>; Elizabeth Clark <
>>>> eclark@thekey.com>; Tammi Franzese <tammi.franzese@thekey.com>
>>>> *Subject:* RE: CAD Amalgamation - ROI and Confirmation with KPMG (GN!)
>>>>
>>>>
>>>>
>>>> KPMG called me on Thurs night.  They are sending something over early
>>>> next week.  Then we will talk to them about what they send.
>>>>
>>>>
>>>>
>>>> *gerri nath*
>>>>
>>>> Chief Accounting Officer | *TheKey*
>>>>
>>>> Mobile: 561.879.0132
>>>>
>>>>
>>>>
>>>> <http://www.thekey.com/>
>>>>
>>>>
>>>>
>>>> *From:* alyson.rohane@thekey.com <alyson.rohane@thekey.com>
>>>> *Sent:* Friday, April 11, 2025 1:42 PM
>>>> *To:* 'Geraldine Nath' <geraldine.nath@thekey.com>; 'Germaine Daniels'
>>>> <germaine.daniels@thekey.com>
>>>> *Cc:* 'Laszlo Kovacs' <laszlo.kovacs@thekey.com>; 'Elizabeth Clark' <
>>>> eclark@thekey.com>; 'Tammi Franzese' <tammi.franzese@thekey.com>;
>>>> 'Alyson Rohane' <alyson.rohane@thekey.com>
>>>> *Subject:* RE: CAD Amalgamation - ROI and Confirmation with KPMG (GN!)
>>>>
>>>>
>>>>
>>>> Hi, @Geraldine Nath <geraldine.nath@thekey.com> and @Germaine Daniels
>>>> <germaine.daniels@thekey.com> - Happy Friday!
>>>>
>>>>
>>>>
>>>> Were you able to meet with KPMG this week? If not, what day is the
>>>> meeting on? That will help so I can follow up on a decision if we will be
>>>> moving forward with the Canadian amalgamation.
>>>>
>>>>
>>>>
>>>> Thank you!
>>>>
>>>> *Alyson Rohane*
>>>>
>>>> Continuous Improvement Analyst 3 | *TheKey*
>>>>
>>>>
>>>>
>>>> <http://www.thekey.com/>
>>>>
>>>>
>>>>
>>>> *From:* Alyson Rohane <alyson.rohane@thekey.com>
>>>> *Sent:* Friday, April 11, 2025 11:36 AM
>>>> *To:* Geraldine Nath <geraldine.nath@thekey.com>
>>>>
>>>> *Cc:* Laszlo Kovacs <laszlo.kovacs@thekey.com>, Elizabeth Clark <
>>>> eclark@thekey.com>, Tammi Franzese <tammi.franzese@thekey.com>
>>>> *Subject:* RE: CAD Amalgamation - ROI and Confirmation with KPMG
>>>>
>>>>
>>>>
>>>> Hi, @Geraldine Nath <geraldine.nath@thekey.com> -
>>>>
>>>>
>>>>
>>>> I hope you had a great weekend!
>>>>
>>>>
>>>>
>>>> Do you have an idea when the ROI will be wrapped up for a decision if
>>>> we are moving forward with the amalgamation of the Canadian entities? I
>>>> know you were planning to meet with KPMG to address the outstanding
>>>> questions Germaine presented to the team. Is that call scheduled for this
>>>> week?
>>>>
>>>>
>>>>
>>>> I received Michael's portion for the tax team on 3/25:
>>>> https://docs.google.com/spreadsheets/d/1iKgtiXDbqNKinT8WFvGs0d-a4Ifki_yL/edit?usp=drive_link&ouid=103821066646900821733&rtpof=true&sd=true
>>>>
>>>>
>>>>
>>>> Thank you!
>>>>
>>>> --
>>>>
>>>> *Alyson Rohane*
>>>>
>>>> Continuous Improvement Analyst 3 | *TheKey*
>>>>
>>>>
>>>>
>>>> [image: Image removed by sender.] <http://www.thekey.com/>
>>>>
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> --
>>>>
>>>> *Alyson Rohane*
>>>>
>>>> Continuous Improvement Analyst 3 | *TheKey*
>>>>
>>>>
>>>>
>>>> [image: Image removed by sender.] <http://www.thekey.com/>
>>>>
>>>>
>>>>
>>>
>>
>> --
>> Nina Kani
>> General Counsel and Chief Compliance Officer
>> * Please note my email has changed: *
>> nkani@thekey.com <https://brand.thekey.com/esg/nkani@thekey.com>
>> 650-416-1496
>> TheKey.com <https://www.thekey.com/>
>> [image: TheKey] <https://homecareassistance.com/>
>>
>
>
> --
>
> *Emily Kraeter*
> SVP Human Resources | *TheKey*
>
> <http://www.thekey.com/>
>