INTRODUCTION
This in-depth program is designed to help participants master the complexities of payroll management, with a focus on compliance, efficiency, and employee satisfaction. Through a combination of theoretical concepts, practical examples, and industry insights, we aim to provide you with the expertise needed to excel in advanced payroll management.
OBJECTIVES
Upon completion of this course, attendees should be able to:
Understand the core concepts and components of payroll systems and the importance of payroll management in a business.
Ensure compliance with regulatory requirements, tax laws, and reporting obligations.
Implement effective payroll processing strategies, including the use of technology and software.
Develop comprehensive compensation packages, manage employee benefits, and address payroll queries.
Understand the future trends in payroll management and adapt to the changing regulatory and technological landscape.
WHO SHOULD ATTEND ?
This course is ideal for:
Payroll professionals seeking to enhance their knowledge and skills in advanced payroll management.
Human resource managers and personnel involved in compensation and benefits administration.
Accounting professionals handling payroll.
Business owners and entrepreneurs responsible for payroll processing.
Students and individuals considering a career in payroll or human resources.
COURSE OUTLINE
Day 1
Introduction to Advanced Payroll Management
Overview of Payroll Management: Core concepts, importance, and roles in business.
Payroll Components: Gross pay, deductions, net pay, benefits, and taxes.
Introduction to Payroll Compliance: Understanding regulatory requirements.
Day 2
Ensuring Compliance and Reporting
Deep Dive into Payroll Taxes: Withholding, reporting, and remittance.
Reporting Obligations: W-2, 1099, quarterly reports.
Keeping Records: How to document and retain payroll records effectively.
Handling Multi-state Payroll: Complying with different state laws and requirements.
Day 3
Effective Payroll Processing Strategies
Payroll Cycles & Processing: Bi-weekly, monthly, and irregular payments.
Utilizing Technology: Payroll software, automation, and integration with HR systems.
Payroll Reconciliation and Error Rectification: Best practices.
Outsourcing Payroll: Pros, cons, and considerations.
Day 4
Compensation and Employee Management
Designing Compensation Packages: Balancing salaries, bonuses, and benefits.
Managing Employee Benefits: Health insurance, retirement plans, paid time off.
Employee Queries & Grievances: Addressing and resolving payroll-related queries.
International Payroll: Managing payroll across borders.
Day 5
The Future of Payroll Management
Technological Trends: Artificial Intelligence, cloud computing, and more.
Regulatory Changes: Staying ahead in a changing legal environment.
Payroll Fraud and Security: Protecting sensitive data.
Skill Development: Building skills for the future of payroll management.
IN-HOUSE TRAINING
LPC Training is capable of conducting this training programme exclusively for your delegates. Please e-mail us on admin@lpcentre.com for further information and/or to receive a comprehensive proposal.
DOCUMENTATION
High-Quality material has been prepared by the LPC team for distribution to delegates. In addition, a special note pad to facilitate note-taking will be provided.
CERTIFICATES
Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
SCHEDULE
Our Course timings commence at 09:00AM12:45PM Or 01:00PM - 05:00PM.
REGISTRATION & PAYMENT
Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
CANCELLATION AND REFUND POLICY
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days notice is given then we will be unable to refund or cancel the booking unless on medical grounds. For more details about the Cancellation and Refund policy, please visit www.lpcentre.com/terms-and-conditions/
TRAVEL AND TRANSPORT
We are committed to picking up and dropping off the participants from the airport to the hotel and back.
CONTACT INFO
LONDON
Oxford Street Offices:
London - Oxford Street 25 N Row, London W1K 6DJ
+44 (0) 20 36 916 970
West London Office:
47 49 Park Royal Road London NW10 7LQ
+44 (0) 20 80 900 464 info@lpcentre.com
DUBAI
Business Bay, ParkLane Tower, Offices 718 - 719 dubai.training@lpcentre.com
KUALA LUMPUR
No. 03-06-05, UOA Business Park, Jalan
Pengaturcara U1/51A, Section U1, Kawasan
Perindustrian Temasaya, 40150 Shah Alam, Selangor
+60 19-305 5694
www.lpcentre.com