Excellence in Salaries and Wages, Pension Funds and Personal Income Tax Administration

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.

CONTENT

• 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
• Salary Frauds
• 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.

TRAINING METHODOLOGY

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.