VIMS is proud to be associated with NAIP and through this association offers the following course to youngsters and individuals in Mumbai:
Course Name: ADVANCED DIPLOMA IN PAYROLL AND PAYROLL COMPLIANCE MANAGEMENT.
Course Duration: 10 Months.
Eligibility: Graduation, any stream.
Curriculum:
PART A - Payroll Foundation : The Technical Basis of Payroll |
| The Payroll Environment |
. Obligation to/from
o Human Resources
o Finance
o Information Technology
· Payment Periods & Frequencies
· Pay Calendars
· Data Collection & Timescales
· Payroll Timetable |
| The fundamentals of Payroll Processing |
Payroll Processes
· Dealing with: -
o New Starters
o Authorised/ Unauthorised Absence
o Pay Awards & Increments
o Leavers |
| The Key Principles of Payment & Deductions |
· Payments & Temporary Changes
· Pay & Allowances
· Overtime & Flexible Leav e
· Leave, Travel Allowances & Local Travel Assistance
· Medical Payment s
· Bonus & Commission Payments
· Pension Schemes
· Contractual & Voluntary Deductions
· Setting Up & R eturning Voluntary Deductions |
| Taxation & Employees Provident Fund |
A basic understanding
· Income under the Head 1
· Income under the Head 2
· A basic understanding of Taxation
· Income under the Head 1
· A basic understanding
· Employees Deposit – Linked Insurance Scheme
· Employees Pension Schem e
· Payment o f Bonus Act |
| Employee State Insurance |
A basic understanding
· T he Mah aras ht ra Labo ur W elf are A ct
· Mandatory Gratuity Scheme |
PART B: Payments and Reporting : Focussing the Business Eye on Payroll |
| Payments Required by Law |
· Employers Provident Fund And Miscellaneous Provisions Act
· The Employee State Insurance Act Maharashtra State Tax On
Professions, Trades, Calling & Employment Act
· Labour Welfare Fund
· Income Tax |
| Payments to Employees & Third Parties & Payroll Accounting |
· Payments
· Obligations to:-
o 3rd Parties
o Finance
· Payroll Accounting |
| Reporting |
· Statutory Reporting
o Output for Other Organisations
o Employee Reports
· Employee Reports
· Final Reconciliations
· Reports For Employees And Pensioners
· Reports For Employers
· Operational Reports
· Data Storage, Security And Confidentiality |
PART C-Advanced Payroll Administration: The Technical Aspects of Payroll |
| Finance |
Finance Glossary
· Financial Accounting
· Reconciliation
· Balancing Payrolls
· The Nominal & Costs Ledgers |
Miscellaneous Issues :
o Missed Time Payments
o Under Deductions |
| Management Information Systems |
. In-House Payroll Systems
· Outsourcing of Payroll
· Interfaces to other Systems
· Project Management |
PART D-Business Soft Skills: Development of Core Administrative & Management Skills |
| Business Communications |
· Communications
· Writing Letters
· Public Speaking
· Interviewing |
| Personality Development |
· Understanding Behaviour
· Motivation
· Managing stress
· Resolving Poor Performance |
| Holding Meetings |
· Supervisory Skills
· Staff Development
· Managing Meetings
· Negotiating Skills and Techniques |
| Performance Management |
· Monitoring & controlling Performance
· Time Management
· Project Management
· Managing Change in Workplace |
| Supervisory Skills & Staff Development |
· Supervision, Management and Leadership
· Staff Recruitment
· Appraisal Techniques
· Staff Development |
