Participants will be exposed to time tested and best practice methods in principles of compensation management, salaries and wages, pension funds and personal income tax management and computerized payroll administration.
Principles of Compensation Administration and Management
Salaries and Wages Incentive Schemes
The Various Available Incentive Schemes: Time Work, Payment by Results, Group Bonus Scheme Individual Bonus Schemes, Profit Sharing and Co-partnership Schemes
Personal Income Tax Rules
Paying Salaries and Wages
Provisions of Pension Act 2004
Managing the Issue of Ghost Workers and Pensioners
Computer Fraud in Salary Administration
Administrative Handling of Salaries and Wages Frauds
Fraud in Payroll and Pension Transactions
Salaries, Wages and Pensions Accounting
Budgeting for Salaries and Pensions Contribution
Auditing and Investigating Payroll and Pension Transactions
FOR WHOM: Accountants, Auditors, Senior Executives with tax responsibilities, Personnel and Admin Managers, Information Technology Managers, Pension Managers, Union Members, Payroll Administrators, Tax Planners and Administrators, Human Resources Development Managers and other senior to middle management staff who perform related functions in Public and Private Sectors.
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
30th Oct- 2nd November, 2018