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 Course

By: Tom Associates Training  

Lagos State, Nigeria

19 - 21 Sep, 2018  3 days

Follow Event

  

NGN 125,000

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 19 - 21 Sep, 2018

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

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

NGN 125,000.00
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 Participants from Same Organization. Discount of 10% to 5 or More participants from Same Organization.
Related Courses
Big Data Analysis and Dashboards with Microsoft Excel for Buisness Analysis Course Big Data Analysis and Dashboards with Microsoft Excel for Buisness Analysis Course

3 days, 05 - 07 Dec, 2018 

2018-12-05 12:12:00
Lagos State, Nigeria

Tom Associates Training

This Big Data Analysis and Dashboards with Microsoft Excel for Buisness Analysis Course Contents DAY ONE Pivot Table Default Pivot Table Tabular Pivot Table Pivot Table Filtering Making a very ...

Bank Lending and Credit Administration Workshop Bank Lending and Credit Administration Workshop

5 days, 05 - 09 Nov, 2018 

2018-11-05 12:11:00
Lagos State, Nigeria

Tom Associates Training

This is a most important role in Nigerian banks process of financial intermediation to develop businesses and the economy. Banks raise funds from surplus units and lend to the deficit units to ...

Becoming an Effective Supervisory Manager Course Becoming an Effective Supervisory Manager Course

4 days, 06 - 09 Nov, 2018 

2018-11-06 12:11:00
Lagos State, Nigeria

Tom Associates Training

This Becoming an Effective Supervisory Manager programme that will make participants to: Transit from team member to team supervisory manager Develop key business and behavior skills Practice how to ...

Excellent English for Public Service Officers Course Excellent English for Public Service Officers Course

5 days, 26 - 30 Nov, 2018 

2018-11-26 12:11:00
Lagos State, Nigeria

Tom Associates Training

Effective writing in English, the official language, is a powerful tool in the hands of  public service officers. Brilliant officials articulate their thoughts in a clear and concise manner. ...