Payroll Management Fundamentals

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.

Training Objectives

By the end of the programme, participants will:

• 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 including those of the NHS (GESY)
• 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 practical know-how to help you apply the principles of payroll administration back in the office