Best Practices for Payroll and HR Functions
Course details:
Employee costs from payroll and other benefits are among the largest costs in any company. Thus, efficient and effective management of this important function is critical to the success of an organisation. The course will look at recent developments and proposals in the area of payroll so that candidates can have a better overall understanding of the payroll function and how it links to the HR Function.
By the end of this training course, participants will be able to:
• Understand the basic payroll obligations of an employer • Keep up to date with new areas of payroll legislation and understand how it will affect your payroll function • Complying and keeping up to date with SARS requirements • Understand how the Tax Administration Act, Taxation Amendment Act and various other Laws and Bills affect the payroll function • Identify the advantages, challenges and pitfalls of outsourcing the payroll function • Detection and prevention of fraud in your payroll • Efficiently managing the employee records in the light of strict requirements of the POPI Act • Quality assurance of the payroll function • Learn about latest changes to employment-related legislation. • Mitigating risk and implementation of controls • Performance of internal and external payroll audits
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Those who already have some knowledge of payroll but need to be kept up to date on recent developments plus managers who need a better understanding of the payroll functions: – •Payroll staff •HR staff •Payroll accountants •Accounts assistants •Payroll supervisors and •Managers at all levels |
Three days |