Dear Seniors,
I am an HR professional with 7+ years of experience in almost all the areas of HR except Payroll & Compensation.
Recently, I have been noticing a major trend of outsourcing of HR processes to outside vendors, especially in the area of Payroll and employing consultants for conducting study & survey on Compensation.
I am sure these vendors / companies / consultants who provide Payroll services / Payroll Software/ Survey studies, will require / need professionals with understanding on Indian Payroll System.
I am just wondering, is there any course or guide where you can get basic knowledge on the payroll system. For example:
1) Basic components of Pay Structure / Package;
2) Statutory deductions:
a) Various Acts & sections to be considered
3) Special Components of Pay Structure
4) Reimbursements
5) Allowances - LTA, Telephone
6) Cash Benefits - Bonus, Incentives, etc.
Because, even after being a part of HR for these long years, I only understand the fundamentals of payroll, but not the related complex concepts.
That's the reason, I was just wondering if there is any institution that specializes in such course of 3-6 months, which will equip a gerneral HR personnel to gain a specialized knowledge on Payroll & Compensation.
Lately, I have been researching on Payroll a lot and I came across institutions and associations formed in US, Canada & UK for payroll certifications and not a single one in India.
I very much understand that, even in India payroll is a specialized field in itself and we should have courses and certifications for the same. I am trying to find one, so that I can be a part of the same and get trained and be better informed.
Any information on this is highly appreciated.
Look forward for a reply & insights.
Thanks
Vidhya
From Canada, Calgary
16I am an HR professional with 7+ years of experience in almost all the areas of HR except Payroll & Compensation.
Recently, I have been noticing a major trend of outsourcing of HR processes to outside vendors, especially in the area of Payroll and employing consultants for conducting study & survey on Compensation.
I am sure these vendors / companies / consultants who provide Payroll services / Payroll Software/ Survey studies, will require / need professionals with understanding on Indian Payroll System.
I am just wondering, is there any course or guide where you can get basic knowledge on the payroll system. For example:
1) Basic components of Pay Structure / Package;
2) Statutory deductions:
a) Various Acts & sections to be considered
3) Special Components of Pay Structure
4) Reimbursements
5) Allowances - LTA, Telephone
6) Cash Benefits - Bonus, Incentives, etc.
Because, even after being a part of HR for these long years, I only understand the fundamentals of payroll, but not the related complex concepts.
That's the reason, I was just wondering if there is any institution that specializes in such course of 3-6 months, which will equip a gerneral HR personnel to gain a specialized knowledge on Payroll & Compensation.
Lately, I have been researching on Payroll a lot and I came across institutions and associations formed in US, Canada & UK for payroll certifications and not a single one in India.
I very much understand that, even in India payroll is a specialized field in itself and we should have courses and certifications for the same. I am trying to find one, so that I can be a part of the same and get trained and be better informed.
Any information on this is highly appreciated.
Look forward for a reply & insights.
Thanks
Vidhya
From Canada, Calgary
hi sachin, i am also looking for payroll training by the professional. can u pls help me out...
From India, Pune
From India, Pune
can any help me for Indian Payroll course.
i am working in BPO HR outsourcing and want to learn about the Indian and UK Payroll.
Please inform me regarding the Insitutes who conduct such courses and mail on my email id.
Regards,
Raj (raj.verma1983@yahoo.co.in)
From India, Mumbai
i am working in BPO HR outsourcing and want to learn about the Indian and UK Payroll.
Please inform me regarding the Insitutes who conduct such courses and mail on my email id.
Regards,
Raj (raj.verma1983@yahoo.co.in)
From India, Mumbai
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