Dear Seniors,
I am an HR professional with over 7 years of experience in almost all areas of HR, except Payroll and Compensation.
Recently, I have noticed a major trend of outsourcing HR processes to external vendors, particularly in Payroll, and engaging consultants for conducting studies and surveys on Compensation.
I believe that these vendors, companies, or consultants offering Payroll services, Payroll Software, or conducting Survey studies, will require professionals with an understanding of the Indian Payroll System.
I am curious if there are courses or guides available to obtain basic knowledge of the payroll system. For instance:
1) Basic components of Pay Structure / Package;
2) Statutory deductions:
a) Various Acts and sections to be considered
3) Special Components of Pay Structure
4) Reimbursements
5) Allowances - LTA, Telephone
6) Cash Benefits - Bonus, Incentives, etc.
Despite my years in HR, I only grasp the fundamental aspects of payroll and not the more intricate concepts related to it.
Hence, I am exploring if there are specialized courses lasting 3-6 months that can equip a general HR professional with in-depth knowledge of Payroll and Compensation.
Recently, I have been researching Payroll extensively and found institutions and associations in the US, Canada, and the UK offering payroll certifications, but none in India.
I recognize that Payroll is a specialized field in India as well, and there should be corresponding courses and certifications. I am actively seeking such opportunities to enhance my skills and knowledge in this area.
Any information on this matter would be highly appreciated.
I look forward to your reply and insights.
Thank you,
Vidhya
From Canada, Calgary
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17I am an HR professional with over 7 years of experience in almost all areas of HR, except Payroll and Compensation.
Recently, I have noticed a major trend of outsourcing HR processes to external vendors, particularly in Payroll, and engaging consultants for conducting studies and surveys on Compensation.
I believe that these vendors, companies, or consultants offering Payroll services, Payroll Software, or conducting Survey studies, will require professionals with an understanding of the Indian Payroll System.
I am curious if there are courses or guides available to obtain basic knowledge of the payroll system. For instance:
1) Basic components of Pay Structure / Package;
2) Statutory deductions:
a) Various Acts and sections to be considered
3) Special Components of Pay Structure
4) Reimbursements
5) Allowances - LTA, Telephone
6) Cash Benefits - Bonus, Incentives, etc.
Despite my years in HR, I only grasp the fundamental aspects of payroll and not the more intricate concepts related to it.
Hence, I am exploring if there are specialized courses lasting 3-6 months that can equip a general HR professional with in-depth knowledge of Payroll and Compensation.
Recently, I have been researching Payroll extensively and found institutions and associations in the US, Canada, and the UK offering payroll certifications, but none in India.
I recognize that Payroll is a specialized field in India as well, and there should be corresponding courses and certifications. I am actively seeking such opportunities to enhance my skills and knowledge in this area.
Any information on this matter would be highly appreciated.
I look forward to your reply and insights.
Thank you,
Vidhya
From Canada, Calgary
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hi sachin, i am also looking for payroll training by the professional. can u pls help me out...
From India, Pune
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From India, Pune
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Can anyone help me with an Indian Payroll course? I am working in BPO HR outsourcing and want to learn about Indian and UK Payroll. Please inform me about the institutes that conduct such courses and email me at my email address.
Regards,
Raj (raj.verma1983@yahoo.co.in)
From India, Mumbai
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Regards,
Raj (raj.verma1983@yahoo.co.in)
From India, Mumbai
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