Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Payroll Management, Compensation and Benefits Administration

By: Tom Associates  

Lagos State, Nigeria

20 - 22 Sep, 2017  3 days

Follow Event   

  

NGN 115,500

This is a course suitable for individuals administering the payroll function 'In-house' or managing providers of payroll services when outsourced.

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.

The course will also benefit service delivery managers who manage this function on behalf of other organizations.

Course Contents

Day One

  • Introduction to Payroll Administration
  • Importance of Payroll Management
  • Core payroll concepts/Payroll Management Basics
  • Payroll types
  • Defining a Payroll structure - (Pay grade/group concept)
  • The Human Resources Management interface
  • The Accounts interface
  • Employees’ categories and benefits planning that affect taxability.
  • Payroll Management
  • Manual processing
  • Computerized processing
  • Payroll records confidentiality.
  • Statutory Regulations
  • Legislations for PAYE – State Inland Revenue Service forms and how to fill them up
  • Legislations for pension schemes and tax implications
  • Relevant tax codes
  • Requirements for remittance of tax deductions
  • Tax Avoidance, Tax Evasion and their implications
  • Income Tax
  • Contributory Pension.

Day Two

  • Payroll Calculations
  • 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
  • Data gathering
  • Variations - salary review, loans, pay off, etc.
  • Approval process
  • Disbursement and Reporting
  • Remittances.

Day Three

  • Post Payroll Processing
  • Accounting Principles
  • General ledger classification
  • Cost Centres
  • Payroll journal Entry
  • Payroll audit
  • Internal control
  • Challenges with payroll management
  • Automating your payroll process/Selecting a payroll software
  • Benefits of automating your payroll.
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Sep 20 - 22 Sep, 2017

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 115,500.00(Including VAT)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Mastering Negotiations Training: The Principles and Practice Mastering Negotiations Training: The Principles and Practice

3 days, 10 - 12 Oct, 2018 

2018-10-10 12:10:00
Lagos State, Nigeria

Tom Associates

A training programme whose contents have been developed around six “Key Negotiation Lessons,” namely: Avoiding unreasonable or arbitrary positions Avoiding letting prejudices show ...

Complete Salesperson Course: The Seven Traits Complete Salesperson Course: The Seven Traits

5 days, 08 - 12 Oct, 2018 

2018-10-08 12:10:00
Lagos State, Nigeria

Tom Associates

This Complete Salesperson Course: The Seven Traits will discuss the following: The Seven Traits Sales Competence Commercial Knowledge Business Development Capabilities Bidding and Tendering ...

Pre-Retirement Course: Preparing to Manage a New Beginning Pre-Retirement Course: Preparing to Manage a New Beginning

4 days, 13 - 16 Nov, 2018 

2018-11-13 12:11:00
Lagos State, Nigeria

Tom Associates

The pre-retirement course: managing a new beginning training is a programme on how all employees sure to approach retirement shortly or in a few years’ time must plan how they will ...

Managing the Millennials and the Generation Divide Evolving in the Workplace Course Managing the Millennials and the Generation Divide Evolving in the Workplace Course

, 01 - 01 Aug, 2018 

2018-08-01 12:08:00
Lagos State, Nigeria

Tom Associates

As older workers in the workforce mingle with younger workers, the work environment gets filled with varying perspectives and experiences. There certainly are benefits of such a variety in the ...