Event
Payroll Concepts with a Finance Perspective
Wednesday, December 17, 2008 09:30to12:00
3465 Durocher, 3465 Durocher , Room 223, CA
Managing or participating in the management of payroll within a unit is a critical and challenging role. This workshop, designed for all staff members with a financial role, provides an understanding of payroll and related finance concepts.
Topics covered:
- Introduce key terms such as Person, Employee, Position and Job and Labour Distribution;
- Describe how payroll payments are initiated by method and system (appointment form, POPS);
- Review the major payroll payment and deduction types;
- Outline the guidelines used to assess whether a person should be paid as an employee or contractor;
- Discuss the Payroll schedule and process, as well as the interface with Finance;
- Explain the calculation for salary and benefit encumbrances.
The content is presented both from a Human Resource and Finance perspective.