Payroll Management

EIMF - European Institute of Management and Finance

Course

In Nicosia (Cyprus)

£ 180 VAT inc.

The best Payroll courses

See all

See all

Description

  • Type

    Course

  • Level

    Intermediate

  • Location

    Nicosia (Cyprus)

  • Class hours

    5h

  • Duration

    Flexible

  • Start date

    June

Payroll has become increasingly complex over recent years and whilst much processing is automated by software, it is incumbent on all those who process or oversee payroll to have sufficient and up to date knowledge so as to be able to check that the operation of software or any third-party agent, is compliant and explain the processing to colleagues and other employees. The salary bill is after all the biggest controllable cost in any business.



This introductory course provides an opportunity to revisit or to learn the essential building blocks of a compliant payroll service. Even for those who have outsourced the payroll function to a third party, the obligation to operate within the law remains with the employer and thus the Company.

Facilities

Location

Start date

Nicosia (Cyprus)
See map
25 Megaron Street, Strovolos, Nicosia, 2032

Start date

JuneEnrolment now open

About this course

Have considered the tips, traps and tangles of National Minimum Wage and future developments in statutory payments
Know the build up to gross pay
Have examined statutory leave and payments: sickness, maternity, adoption and new shared parental pay and leave
Learned how to streamline your payroll processing procedures for maximum efficiency
Learned how to compute each worker’s regular rate of pay and why this is so important
Know the updates on the most recent cases affecting payroll, overtime pay, comp time
Learned how to handle payroll deductions
Understand how to maintain adequate records
Have received valuable contacts and resources and references to key web sites and other invaluable information
Learned with an engaging professional speaker and payroll expert
Walk away with a guide manual to help you apply the principles of payroll administration back in the office

Payroll Managers
Payroll Supervisors and Assistants
Accounts Managers and Assistants
Accounting staff dealing with or supervising the payroll function
Personnel Officers and Staff
HR Managers and Officers

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

Subjects

  • Payroll
  • Payroll systems
  • Payroll Accounting
  • Payroll functions
  • Technology
  • Software
  • Software and technology
  • Record Keeping
  • Net Pay
  • Gross and Net Pay
  • Computing for payroll
  • Computing

Course programme

Training Outline

An Introduction to Payroll

  • Different types of organizational payroll functions (e.g. outsourcing, in-house, a mixture of both) and the advantages and disadvantages of each type of solution.
  • Common structure
  • Related software and technology available

Record Keeping: Operating the payroll function more effectively

Calculation of Gross and Net Pay

  • Minimizing the risk of error in computing for payroll
  • Manage leaves, absences, tardiness and overtime pay
  • Statutory requirements for payroll administration and how to categorize workers

Tax Updates

  • Changes to tax rates and associated amendments

Effective payroll management reporting skills

  • Customize payroll management and include essential information for all key departments liaising with payroll

Training Style

The programme is designed to deliver knowledge and enhance participants’ skills via short lectures, case-studies, practical example and real-life simulations. Participants will also benefit from customised feedback at the end of the programme and take away the knowledge gained to be transferred to their workplace. Most of the training’s time will be invested in analysing a real-life case study that will help participants understand how to solve problems in similar situations.

See related categories

Payroll Management

£ 180 VAT inc.

The best Payroll courses

See all

See all