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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.

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