Developing Compensation and Benefit Plan Programme

//Developing Compensation and Benefit Plan Programme

Developing Compensation and Benefit Plan Programme

100,000.00

This course will provide participants with increased knowledge of managing a payroll system, both manually and with computerized software. The participants will also update their awareness of the relevant statutes.

Date: 23rd - 25th September, 2020
Training Fee: N100,000
Category:

Description

It is significant that every organization, small or large, establishes an efficient and cost effective Payroll unit or department staffed with personnel who understand and practice the payroll administration that is immediately relevant to the business.

This course will provide participants with increased knowledge of managing a payroll system, both manually and with computerized software. The participants will also update their awareness of the relevant statutes.

Aims and Objectives

  • Learn the fundamentals of payroll management
  • Explore current trends and practices in compensation computation
  • Discuss real life case studies and learn from other professionals
  • Learn Payroll automation and software recommendation
  • Learn faster and efficient ways of computation

Programme Benefits

  • Improved and up to date knowledge of managing a payroll system and computation
  • Understanding both manual and software driven approach to payroll management
  • Understanding of regulations governing payroll computation

The following areas will be covered at this workshop:

  • Introduction to Payroll Administration
  • Payroll Management
  • Statutory Regulations
  • Payment period practices – hourly, daily, weekly, fortnightly, monthly
  • Payroll Setup
    • Organization payroll profile
    • Constituents of gross pay
    • Calculations of net pay
    • Allowances
    • Time and Attendance
    • Deductions
    • Loans
    • Amortization and upfront payments
  • Treatment of overtime pay
  • Treatment of bonuses, vacation allowances and other earnings
  • Involuntary deductions (e.g. dues for Unions, Cooperative Societies, etc.)
  • Treatment of expatriate employees earnings
  • Treatment of Benefits-in-Kind
  • Directors earnings
  • Treatment of employment termination.
  • Payroll Processing
  • Post Payroll Processing

Who should attend?

  • Human Resources Professionals
  • Those working in other areas of human resources who wish to broaden their understanding of this important function

How to register?

Contact us on any of these; fshotade@gusconsulting.com, +2347033513390,+2349091214544

Venue

To be communicated

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