Payroll Management

Home Certification Course Payroll Management

Tata Institute of Social Sciences provides various short and mid term HR Certification Courses in Mumbai – Depending upon profile and requirement of the department, you can choose from the list of various HR Training Courses. Mentioned is the details of the certificate HR Payroll course.

Objectives​

One of the key functions of human resource management is ‘talent acquisition’. Organizations spend a great deal of time and money on hiring at various levels. This program aims to provide the candidate the end to end understanding of the recruitment process. This will result in providing to the industry candidates who will be subject matter experts and will be able to apply the optimal methods of recruitment & selection as hiring executives/managers. These candidates could also be a ready trained pool of resources for the staffing industry.

Course Content:
  • One of the key functions of Human Resource Management is Compensation and Benefits. At the core of C & B is Payroll Management. Payroll Management factors the entire life cycle of an employee within the organization. This commences from the day one of the employee in the organization to the last day in the organization. Payroll management is considered as a “Must Have Hygiene Factor” within the organization and hence it is important that organizations ensure a effective and efficient payroll process. This program aims to provide the candidate the end to end understanding of the payroll process. This will result in providing to the industry candidates who will be subject matter experts and will be able to apply the principles of payroll management from day one of their employment in this role. Considering the importance of this department we have designed a practical Payroll Course.
Eligibility
  • • Fresh Graduates.
  • • Working professional from accounts and HR function.
Course Structure:

The Advance Diploma in Payroll Management is a short course in payroll management and will be conducted over a period of 12 weeks and will cover 120 hours of classroom training and 30 hours of project work and testing. The sessions will be conducted once a week. Each session will be of 8 hours.

Examination:

Students will be assessed on project work and a written examination that will be conducted at the end of the course.

Syllabus:

The gamut of Payroll management includes, pay (fixed and Variable), benefits (Stock options, insurance and other perks), Statutory compliance (Provident fund, income tax etc), Annual increments and Full and Final Settlement etc applicable to Indian nationals and expats. In addition to individual payments, the payroll management also plays a vital role in enabling the stakeholders take the appropriate business decisions. This is by means of analyzing various reports that get generated through the payroll process.

Payroll Management

    Course Content:

    Salary Components and salary fixation

    Employee and CTC master data

    Attendance and Processing cycle

    Statutory compliances (taxation, PF & ESIC)

    Labour Related Legislation Affecting Payroll

    Reimbursements

    Salary revisions

    Full and Final Settlement

    MIS, JV and other reports

    Pay sheet review process

    Basics of Excel

    Advance Excel

    Payroll software

    Managing Payroll Queries.

    Human Resources as a function and it various sub-functions and its implication and connection with payroll processing.