Salary & Statutory Compliance
Objective
The objective of this course is to provide participants with a thorough understanding of salary management and statutory compliance in the workplace. It covers essential aspects such as organizational structure, attendance procedures, wage and salary registers, and statutory benefits like ESIC, EPF, and insurance. By integrating theoretical knowledge with practical procedures, the course aims to equip learners with the skills needed to manage payroll processes, ensure compliance with regulations, and handle employee-related documentation effectively.
Target Audience
This course is ideal for HR professionals, payroll administrators, accountants, and finance managers responsible for salary and statutory compliance. It is also beneficial for recent graduates and professionals looking to specialise in payroll management, as well as business owners who need a comprehensive understanding of managing employee compensation and statutory obligations.
Duration of Course
4 weeks
Credit Weight
1 Credits
Certificate
A certificate will be awarded upon successful completion of the course, validating the practical knowledge and skills acquired.
Career Advancement
Upon completing this course, participants will be well-equipped to handle various aspects of salary management and statutory compliance. They will gain practical knowledge in maintaining accurate payroll records, managing employee benefits, and ensuring adherence to legal requirements. Upon successful completion of this course, students will be eligible to work as HR, HR assistant, Payroll Administrator, welfare officer, departmental coordinator, accounts assistant and other related fields.
Module - 1 Company Introduction & Attendance Management
- Introduction of Company
- Object & Vision of Course
- Meaning of Organisation
- Organisation Structure
- Meaning of Employee
- Kinds of Employability
- Definition of Salary
- Appointment Procedure and Documentation
Module - 2 Attendance & Salary Record Keeping
- Statutory bodies and their Rights
- Attendance sheet preparation procedure in various formats
- Procedure of Attendance
- Types of Attendance
- Attendance Register
- Wages Register
- Salary Register
- Master Roles
- Summary Sheet of Salary
Module - 3 Insurance & EPF
- ESIC
- Group Insurance
- Medical Insurance
- General Insurance
- EPF
- Labour Departments
Module - 4 Salary Process & Compliance
- Advances & Loan Policy
- Deduction Procedure
- Salary Disbursement Procedure
- Final Salary Slip & Salary Certificate
- Miscellaneous Works
- EPF Challan, ESIC Challan
- Employee Welfare and Benefits
- Other Documentation with Accounts
Learning Management System (LMS) Panel:
- Lifetime Access: Students can log in securely at any time.
Course Features
- Live Online Classes: Engage in real-time sessions with instructors
- Interactive Sessions: Participate in discussions and Q&A to enhance learning.
- Practical Sessions: Apply concepts through hands-on activities.
- Class Recordings: Access recordings of live classes for review at your convenience
- Self-Learning Videos: Benefit from pre-recorded videos to reinforce learning.
- Digital Course Materials: Receive a soft copy of all course content.
- Assignments: Complete practical assignments to apply your knowledge.
- Practice Assessments: Test your understanding with practice quizzes.
- Final Assessment: Evaluate your overall progress with a comprehensive exam.