Pathway: Trainings Payslip Reading and Comprehension Training

Payslip Reading and Comprehension Training

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Employees generally have a difficult time comprehending the net amounts deposited into their bank accounts due to the complex calculations that are used in the compensation
process, these difficulties can lead to a number of issues.
As a result of changes in legislation, fluctuations in wage ceilings and floors, and changing tax brackets; members of the human resources departments are constantly made to
answer questions put forth regarding pay slips by the staff, wasting valuable time and effort.
Additionally, the complex nature of payroll calculations and the consequent confusion of employees can make it difficult for staff to see the link between performance and
compensation. This lack of transparency can lead to reduced motivation and confidence of employees.
Wage calculations vary greatly from country to country based on the laws that are applied. Some examples are items such as tax and social security legislation, and articles
related to business and financial liabilities, all of which can be take a significant amount of time and effort to interpret and stay up to date with.
Switching from gross to net and conversely from net to gross numbers requires that the various compensation rules and regulations be taken into consideration along with the
payroll techniques. This can be achieved in an effective and easy fashion through the proper training provided by seasoned professionals.
Our firm offers a combination of practical training in payslip comprehension and legal information related to the compensation process that are relevant to employees. Thanks to
our highly capable team of trainers who have experience with payroll consulting to both global and local companies, and outsourcing services; you can rely on us to relieve your
human resources department from the burdens of payslip reading and comprehension issues that employees face.
Please contact us for further information
Educational Content:
What is a payslip?
Review of relevant labour law provisions.
Recruitment declarations and personnel files
Calculating wages and calculation methods
Earnings - deductions and social security payments
Summary of financial statements
Tax and social security obligations of earnings
Employer provided private pension and private health insurance operations
Employee owned retirement plan and private  health insurance operations
Payment of monthly premiums and premiums with certificates of service
Premium and non-premium based wages
Missing day notices
Notifications of on the job accidents
Notifications of departures from work
Acquittance pay, Severance pay and payment in lieu of notice
Annual paid leave and leave payslips
General Discussion / Q & A

Employees generally have a difficult time comprehending the net amounts deposited into their bank accounts due to the complex calculations that are used in the compensation process, these difficulties can lead to a number of issues.  

As a result of changes in legislation, fluctuations in wage ceilings and floors, and changing tax brackets; members of the human resources departments are constantly made to answer questions put forth regarding pay slips by the staff, wasting valuable time and effort. 

Additionally, the complex nature of payroll calculations and the consequent confusion of employees can make it difficult for staff to see the link between performance and compensation. This lack of transparency can lead to reduced motivation and confidence of employees. 

Wage calculations vary greatly from country to country based on the laws that are applied. Some examples are items such as tax and social security legislation, and articles related to business and financial liabilities, all of which can be take a significant amount of time and effort to interpret and stay up to date with.   

Switching from gross to net and conversely from net to gross numbers requires that the various compensation rules and regulations be taken into consideration along with the payroll techniques. This can be achieved in an effective and easy fashion through the proper training provided by seasoned professionals.  

Our firm offers a combination of practical training in payslip comprehension and legal information related to the compensation process that are relevant to employees. Thanks to our highly capable team of trainers who have experience with payroll consulting to both global and local companies, and outsourcing services; you can rely on us to relieve your 
human resources department from the burdens of payslip reading and comprehension issues that employees face. 

Please contact us for further information 

 Educational Content:

  • What is a payslip?
  • Review of relevant labour law provisions.
  • Recruitment declarations and personnel files
  • Calculating wages and calculation methods
  • Earnings - deductions and social security payments
  • Summary of financial statements
  • Tax and social security obligations of earnings
  • Employer provided private pension and private health insurance operations 
  • Employee owned retirement plan and private  health insurance operations
  • Payment of monthly premiums and premiums with certificates of service
  • Premium and non-premium based wages 
  • Missing day notices
  • Notifications of on the job accidents
  • Notifications of departures from work
  • Acquittance pay, Severance pay and payment in lieu of notice
  • Annual paid leave and leave payslips General Discussion / Q & A