HR Glossary

What is CPP - Canada Pension Plan (Canada)?

Canada's mandatory public retirement pension program funded through equal contributions from employees and employers, providing monthly income to eligible Canadians who have contributed during their working years.

Why it matters in hiring

CPP - Canada Pension Plan (Canada) comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with C

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.

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