€190
+ VATDelivered Online
4 hours 30 minutes
All levels
The EIMF Live Online Learning Experience
Participants will receive access to the recorded sessions of the course.
EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more
Course Overview
This executive-level workshop provides a structured and practical comparison of payroll frameworks across Cyprus and selected European and International jurisdictions. Using a consistent salary approach, real-life payroll examples and comparable payroll calculations, participants will explore how payroll principles are applied in different countries and how local requirements influence payroll outcomes.
The programme moves beyond theory and statutory descriptions to demonstrate how payroll decisions affect employee net pay, employer cost, compliance requirements and business operations. Participants will gain practical insight into payroll structures, statutory deductions, employer obligations, allowances and benefits across multiple jurisdictions.
Through guided discussions and two interactive exercises, the workshop supports participants in transitioning from payroll calculations to payroll decision-making. The programme is designed for professionals involved in payroll, HR, finance and international operations who require a practical understanding of payroll complexity in a global environment.
Training Objectives
By the end of this workshop, participants will be able to:
Understand the core components of payroll beyond base salary
Distinguish between taxable and non-taxable salary elements across jurisdictions
Compare Cyprus payroll with European and non-European payroll systems using practical examples
Analyse payroll outcomes using a consistent Gross salary approach
Identify key compliance and operational payroll risks in international environments
Differentiate between allowances, benefits in kind and expense reimbursements
Apply payroll knowledge to real life decision-making scenarios
Explain payroll complexity and risk in clear business language to management
Training Outline
Payroll Fundamentals
What payroll involves beyond salary processing
Payroll components and terminology
13th salary considerations across jurisdictions
Payroll assumptions and payroll complexity
Cyprus – Baseline Payroll Framework
Payroll structure
Taxable and non-taxable components
Practical payroll calculation
European Payroll Comparison
Germany
Payroll structure and statutory contributions
Payroll treatment of allowances and benefits
Practical payroll calculation
France
Employer and employee contribution framework
Payroll treatment of allowances and benefits
Practical payroll calculation
Netherlands
Payroll structure and employee protections
Payroll treatment of allowances and benefits
Practical payroll calculation
Comparative payroll observations
Interactive exercise 1 - Comparative payroll analysis
International Payroll comparison
United States (NYC)
Federal, state and local payroll framework
Payroll treatment of allowances and benefits
Practical payroll calculation
Israel
Progressive taxation and pension requirements
Payroll treatment of allowances and benefits
Practical payroll calculation
Kenya
Statutory contributions and compliance considerations
Payroll treatment of allowances and benefits
Practical payroll calculation
Philippines
TRAIN tax framework and statutory contributions
Payroll treatment of allowances and benefits
Practical payroll calculation
Multi-currency payroll considerations and compliance observations
Interactive exercise 2 - Payroll decision-making Case Study
Communicating payroll to management
Key payroll insights and conclusions
Who Should Attend
This programme is suitable for:
Payroll professionals
HR managers and HR partners
Finance and accounting professionals
Professionals involved in international operations
Managers overseeing payroll or cross-border employment
Training Style
The programme is delivered through a combination of presentation knowledge, practical payroll examples, comparative analysis and interactive group exercises. Emphasis is placed on real life scenarios, structured discussion and applied learning to support participants in transferring knowledge directly to their professional environment.
CPD Recognition
This programme may be approved for up to 4 CPD units in Accounting and Auditing. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
In-house Training
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.
Sotia Neofytou
Sotia is a payroll professional with solid hands-on experience in both Cyprus and international payroll environments. She specialises in payroll compliance, cross-border payroll operations, and the practical implementation of payroll processes, supporting organisations in navigating payroll complexities across multiple jurisdictions. She is a member of the Cyprus Payroll Management Association (CPMA) and has built her career through direct involvement in international payroll operations. Sotia combines technical payroll knowledge with a strong understanding of business needs, enabling her to translate complex payroll and regulatory requirements into clear, practical, and actionable insights for professionals
The invoice is issued on the day the course starts.
Payments can be made by bank transfer, cheque, or credit card.
Certificates are issued within 7–10 days after the course has been completed, provided that the invoice has been paid.
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