Course Description

There are many aspects that need to be covered when running a successful business. One of the most important aspects in any business is of course, payroll management. The members of the business involved in payroll management have unique responsibilities to ensure that the business operations can maintain momentum. In essence, the payroll management team is at the heart of any business.

While managing the payroll may seem easy enough, it is actually a complicated process involving finance and record keeping. Payroll Management 101 provides you with the information and guidance to become a key member of the payroll management team. The curriculum is designed to give an overview of all the core skills you will be required to attain in an easy to review and implement manner. Most importantly, this course provides you with the tools to quickly start using your new vocational skills in an operational environment.

At successful completion, you can be assured that you will have the necessary skills and abilities to tackle just about any payroll projects you are assigned. This course is designed to assist not only people involved solely in payroll management, but also for small business owners and business people looking to get the edge over their competitors. Designed for both seasoned professionals and business newcomers, this insightful payroll class is sure to provide you with all you need to know.
 
  • Completely Online
  • Self-Paced
  • Printable Lessons
  • Full HD Video  
  • 6 Months to Complete
  • 24/7 Availability
  • Start Anytime
  • PC & Mac Compatible
  • Android & iOS Friendly
  • Accredited CEUs
Universal Class is an IACET Accredited Provider
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • Define payroll management.
  • Describe the requirements for record keeping.
  • Describe the requirements for retaining employee records.
  • Summarize salary payments.
  • Summarize deductions.
  • Summarize payslips.
  • Define tax considerations.
  • Describe dealing with outside contractors.
  • Describe handling sick and maternity leave.
  • Describe handling pensions.
  • Describe dealing with errors.
  • Demonstrate mastery of lesson content at levels of 70% or higher.
 
 

Assessment Guide

Assessment Points
Lesson 1 Assignment 2 points
Lesson 1 Exam 8 points
Lesson 2 Assignment 5 points
Lesson 2 Exam 10 points
Lesson 3 Exam 9 points
Lesson 4 Exam 10 points
Lesson 5 Exam 8 points
Lesson 6 Exam 10 points
Lesson 7: Understanding the Pay Stub 9 points
Lesson 8 Assignment 5 points
Lesson 8 Exam 8 points
Lesson 9 Exam: How to Determine Taxes 10 points
Lesson 10 Exam 10 points
Lesson 11 Exam 9 points
Lesson 12 Exam 10 points
Lesson 13 Exam: How 401K Contributions are Calculated 9 points
Lesson 14 Exam: 401 Contributions 10 points
Lesson 15 Exam: Preparing and Filing Form W2 10 points
Lesson 16 Assignment 5 points
Lesson 16 Exam 10 points
Lesson 17 Exam 10 points
Lesson 18 Assignment 5 points
Lesson 18 Exam 10 points
The Final Exam 95 points
How to Recognize and Remove Personal Financial Commitments when Establishing Your Business Credit
How to Recognize and Remove Personal Financial Commitments when Establishing Your Business Credit
Secretary Courses
Secretary Courses
Business Ethics Courses
Business Ethics Courses
Accounts Payable Management
Accounts Payable Management
Retirement Plans that Remove Debt Doubts
Retirement Plans that Remove Debt Doubts
Personal Finance Courses
Personal Finance Courses
The Role of Cash Flow in Understanding Financial Statements
The Role of Cash Flow in Understanding Financial Statements
Human Resources Productivity Course Bundle
Human Resources Productivity Course Bundle
Personal Protective Equipment
Personal Protective Equipment
Operations Management Courses
Operations Management Courses
Revising and Updating the Strategic Plan
Revising and Updating the Strategic Plan
Project Management Courses
Project Management Courses
Ultimate Secretary Training Bundle
Ultimate Secretary Training Bundle
How to Prepare for Your First Performance Appraisal - An Employer's Guide
How to Prepare for Your First Performance Appraisal - An Employer's Guide
Microsoft Excel Courses
Microsoft Excel Courses
Report Writing 101
Report Writing 101
QuickBooks Courses
QuickBooks Courses
Delegating Decision Making in the Workplace
Delegating Decision Making in the Workplace
Team Management Courses
Team Management Courses
Business Branding 101
Business Branding 101