Course Summary:

Payroll administration is usually performed either by HR, payroll or accounts personnel. As organisations grow and industries become more competitive, people from other functional areas – fresh graduates as well as those in career transitions – should venture out and upgrade themselves to be proficient in this particular field of work.

Magna Skills programme is specially designed to cover the various methodologies, techniques, payroll administration systems, legal issues, statutory laws and latest trends.

Delegates will learn how the payroll function integrates with other Human Resource Information Systems (e.g. Leave Records, Time, Attendance, etc.). In addition, the lesson will also cover the introduction of general system features, basic fundamentals of selecting, setting up and processing in the payroll system.

Course Objectives:

• To provide participants with in-depth knowledge of the components of compensation & latest trends that affect payroll administration
• To enhance participants’ competency in statutory laws
• To enhance participants’ ability to evaluate & establish a computerised payroll system
• To enhance participants’ ability to apply the correct techniques to handle day-to-day payroll administration issues
• To promote a high professional standard amongst those involved in payroll
• To provide a nationally recognised body to represent members’ views and influence legislation
• To identify the training needs of those involved in payroll
• To encourage a national and regional exchange of information and to offer an advisory service to members
• To provide a professional qualification covering the full range of payroll and associated subjects

Course Outline

• Introduction to Compensation System
• Salary Payments
• Salary Deductions
• Incentive Schemes
• Issues Relating To Salary
• Employment Act
• Central Provident Fund Act
• Income Tax
• Employment Regulations (Part-Time Employees)
• Other Legislations
• Payroll Policy & Procedures
• Pay Records
• Understanding the Concept and Application of Payroll Software Systems
• Legislation
• Employee classification and records
• Medical Aid Capping Schedules
• Salary and Wage calculations and remuneration
• PAYE
• Calculation of Skills Development and UIF levies
• Calculation of compensation for occupational injuries and diseases
• Review of Computerized Payroll Systems available