India’s pioneering HR, Labour Law and Payroll Professional...

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PROVIDING EXCELLENCE THROUGH PROFESSIONALISM International strategic partner This qualification provides all the key components of employee compensation, rewards and benefits as well as the professional skills required by managers and HR and finance executives www. naip .in [email protected] NAIP is the professional body for benchmarking and promoting labour law compliance across India and Internationally. A must for all those involved in the Finance, HR, Compliance, Management and Service Sector Singhad Management Institute Maharashtra’s Leading Management Institute & National Academy of Indian Payroll India’s pioneering HR, Labour Law and Payroll Professional Body Certificate in Payroll and Labour Law Compliance

Transcript of India’s pioneering HR, Labour Law and Payroll Professional...

Page 1: India’s pioneering HR, Labour Law and Payroll Professional ...naip.in/.../2016/08/NAIP...in-Labour-Law-and-Payroll-Compliance-.pdf · NAIP is the professional body for benchmarking

PROVIDING EXCELLENCE

THROUGH PROFESSIONALISM

International strategic partner

This qualification provides all the key components of employee compensation, rewards and benefits as well as the professional skills required by managers and

HR and finance executives

www.naip.in

[email protected]

NAIP is the professional body for benchmarking and promoting labour law compliance across India and Internationally. A must for all those involved in the Finance, HR, Compliance,

Management and Service Sector

Singhad Management InstituteMaharashtra’s Leading Management Institute

&National Academy of Indian Payroll

India’s pioneering HR, Labour Law and Payroll Professional Body

Certificate in Payroll and Labour Law Compliance

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The professional body for benchmarking and promoting labour law compliance across India and internationallyNAIP

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Why is this imporant to you?

PROVIDING EXCELLENCE THROUGH PROFESSIONALISM

An exclusive Sinhagad Management Institute and National Academy of Indian Payroll (NAIP) initiative designed to provide all the prerequisite technical skills which are essential to professionals involved in the administration and management of HR, Labour Law and Payroll compliance within the organisation.

The knowledge and understanding of HR or Management functions and principles even at a Post Graduate level is not sufficient to manage Employee Compensation, Benefits & Rewards and Compliance Payments. The provision of the employees’ compensation, salaries and benefits and associated compliance is the single biggest expense to any organization or business, it is at the heart of the operation and one cannot afford any mistakes in this area.

All the significant economies of the Globe including the UK, USA, Canada and Australia have over the last two decades grasped this important proposition and have all introduced key Professional bodies to provide detailed Professional Qualifications for the benefit of the HR Management Practitioners and Executives This business critical professional body for the HR and Management Executives has now successfully evolved in India through The National Academy of India Payroll (NAIP).

The pioneering programme developed by NAIP is supported by key strategists in the Government and Compliance Agencies as well as leading practitioners from HR, Accountancy and Legal profession as part of developing a skilled and compliant workforce

What is this value added initiative by Sinhgad Management Institute and NAIP?It is a known fact that central to the career of a Manger, Supervisor or Director in all areas and in particular HR, Finance, Accounting and Compliance functions is the ability to effectively and correctly manage and deal with your core assets – the work force.

Managers are seen as effective and successful if the organisation has a flourishing work force, providing the best in human capital. A flourishing work force is fundamentally dependant on the correct and efficient understanding of the compensation and benefits process and due compliance required by law.

The programme content has been developed in consultation with Industry and academic experts including the best from HR, Finance and Management and Labour Law professionals from across India and Internationally.

As part of our extensive industry research we asked managers:

Q: Should the person who manages the HR, Finance department have an understanding of the payment processes of the staff and the requirements by law or not?

A: There was a resounding Yes from our survey.

Q: When did you learn this important area of Salary and Compliance fundamentals?

A: Most said they knew or had an idea that it existed, but again most were not sure of practical application, in the main learnt the same once a manager.

Q: Would it make you more employable and a better manager if you knew this area when applying for work as a manger or trainee manager?

A: All confirmed this was a key value added area of knowledge and practical application that would have helped in both securing employment and being a more effective manager.

As a practicing advocate with many decades of experience in Labour Law and Compliance,

I strongly recommend the NAIP Post Graduate Diploma in Payroll and Compliance to all HR Executives and Senior Managers. It is a very detailed

and valuable Qualification.

Advocate Sudhir Gupta, Supreme Court of India

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What you will learn and benefits to your organisationYou will learn the key principles, practical application of core competences including the importance of compensation and benefits in the organisation and effective strategy, Calculation of Salary, Deductions and payments out, New Starters, Medical Payments, Labour Law Compliance and the practical application in relation to payment of salary and deductions - Provident Fund, Employee Social Insurance Contribution, Bonus Act, Gratuity Act, Factories Act Maternity Act, Key Performance Indicators and including Payroll Fundamentals, Payroll Processing,

This Tutor supported distance learning course is designed in three parts, each part providing a stand-alone qualification and the combination of all three parts results in the awarding of the Post Graduate Diploma in Payroll Compliance Management.

NAIP is using the state of the art e-learning portal which is utilised by many UK Universities. It will enable you to take full advantage of quality distance learning which can be used anywhere that provides access to the internet – home, work or in social environments. Providing you important and specialist knowledge and professional skills development on demand providing you tutor supported flexible learning .

The e-learning portal will provide online course material in addition to the hard copy you will receive. In addition it includes automated self-assessments, a fully resourced online e-library, tutor and student blogs. This on-line learning is supported by personal tutor support and on-line PCP seminars for each module. Your personal tutors are also available throughout your study via email.

We at Singhad Management Institute and NAIP look forward to helping you progress your job prospects and educationand learning

The NAIP infrastructure is supported by leading employers, practitioners, members of key National and StateOrganisations from both Government Agencies and Employer Forums.

As additional back up to your studies you will also receive the course material in hard copy.

During your study you will be required to undertake some practical work which will include looking at a number of different employment sectors by using case studies.

Studying the course in parts would mean the recommended study time with examination and assignments would be:

l Foundation Certificate in Payroll and Payroll Compliance, covering the core competencies of employee Payroll, Compensation, Benefits and Principles of Labour Law Compliance – 13 weeks

l The Advanced Certificate in Payroll Administration and Compliance, study of the advanced Principles and applications of Payroll, Labour Law Compliance and other advanced aspects of employee compensation and benefits and its application in the work place from the perspective of the employer, Manager and senior HR, Payroll and Finance Executives – 24 weeks

On Completion of The Foundation Certificate and Advanced Certificate, you will be awarded the coveted jointly certified Singhad and NAIP ‘Certificate in Labour Law and Payroll Compliance Management’.

Enrolment

Enrolments are open throughout the year, with new start dates at the beginning of each month

“This course once again put me in my old days and given good refresher in sense of knowledge and techniques of payroll. The course covered all small basic concepts which is very important while doing career in payroll professional.

This programme is beneficial to new comer as well as experienced professional too. The support of Tutor/ Mentor is very supportive and caring.”

Pravin Shelar, Senior Manager – HR Operations, K Raheja Corp

Benefits and delivery

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Content

Part AThe Foundation Certificate in Payroll and Compliance

This provides all the key components of Employee Compensation, Rewards and Benefits through the learning and review of the core competencies of the Payroll Administration & Processing and Related Compliance Requirements and review and overview of labour law requirements and implementation.

Content

The Payroll Environment

l Obligations to Human Resourcesl Obligations to Financel Obligations to ITl Payment Periods and Frequenciesl Pay Calendarsl Data Collection and Timescalesl Payroll Timetable

Fundamentals Of Payroll Processing

l Payroll Processl New Startersl Authorised / Unauthorised Absencesl Pay Awards and Incrementsl Leavers

Key Principles Of Payment & Deductions

l Permanent and Temporary Changesl Pay and Allowances l Overtime and Flexible Leave l Leave, Travel Allowance & Local Travel Assistance l Medical Payments

Taxation And Employees Provident Fund

l Basic Understanding l Income Excluded from Tax l Income under Head Salary 1 l Income under Head Salary 2 l Employees Provident Fund l Employees Deposit l Employees Pension Scheme l Payment of Bonus Act 1965

Employees State Insurancel Employee State Insurance l The Maharashtra Labour Welfare Fund Act 1953l Mandatory Gratuity Scheme

Multi-Choice Exam and Written Assignment

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Thank you for creating such a wonderful, high standard online education. I shall surely share it with my colleagues and other HR

professionals whom I know.

Bhargavi - Secunderabad

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Part BThe Advanced Certificate in Payroll and Compliance

This is the Advanced Certification for those who have successfully completed the Foundation Certificate in Payroll Administration and Compliance and for professionals who are either managers, practicing payroll, HR and finance executives.

Dealing with the complexities of payroll administration, Labour laws & Compliance which directly affect the organisation in terms of “Compensation, Rewards & Benefits” and how best to deal with the same.

Content

Payments To Employees, Third Parties and Financial Accounting

l The Employees Provident Funds and Miscellaneous Provisions Act, 1952l Obligations to Third Partiesl Finance Obligationsl Payroll Accountingl Final Reconciliations

Payroll Reports

l Reports for Employees and Pensionersl Reports for Employersl Profession Taxl Exhibitsl Output for Other Organisationsl Operational Reportsl Data Storage, Security and Confidentiality

Labour Related Legislation Affecting Payroll

l Shops & Commercial Establishment Act, 1953l The Maternity Benefit Act, 1961l The Labour (Regulation & Abolition Act, 1970l The Equal Remuneration Act, 1976l The Payment of Wages Act, 1936l The Payment of Gratuity Act, 1972l The Minimum Wages Act, 1936l The Factories Act, 1948

Special Termination Payments

l Terminating an Employeel Compliance for Terminating Employees

Financial Accounting l Introduction to Accountingl Financial & Management Accounting

Management Information Systems

l Computerisation of Payroll Proceduresl System Management Information and Featuresl Key Performance Indicatorsl Payroll Performance Indicators

Report Writing l Presentation of your Reportl Report Assignment

Multi-Choice Exam and Written Assignment

On completion of both the Foundation Certificate in Payroll and Compliance and the Advanced Certificate in Payroll andCompliance, you will have attained a high level of technical know-how.

This business critical knowledge is very relevant and important to your organisation as well as to you, and will enhance your effectiveness as a Manager or senior HR Executive and improve efficiency and productivity.

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NAIP is proud to have received the endorsement of:

Dr Narendra JadhavIndia’s leading economist, former Vice Chancellor of Pune University and a Member and Head of Skills Development in the National Planning Commission for the Government of India. Confirmed at the NAIP Conferences to Industry that NAIP is of great contemporary importance for India and a very necessary skills set.

Hon. Shri Jay Narayan VyasA senior political contributor as a bureaucrat in Gujarat by a political career spanning more than 20 years. Having held Cabinet Minister for holding various portfolios including Health & Family Welfare, and Tourism Development. An eminent tax expert, and scholar

Dr RajuGovernment technocrats who recently retired as Additional Central Provident Fund Commissioner who headed 11 States of India. Dr Raju is one of the most senior authorities in India for Compliance, he has on record stated “NAIP is a must for all organisations and of benefit to the HR Executive, Managers and employer and should not be under estimated’

Dr Raj Kumar AdukiaCentral Council Member of the Institute of Chartered Accountants of India (ICAI). Was also the Chairman of the Western Region of the ICAI. Dr Adukia has on record stated that NAIP Programmes are equally important to Charted Accountants as to all HR/ Finance Executives. The level of detail and skills learnt are most important. He is a Senior Advisor to NAIP.

Prof R ShahFormer Vice Chancellor of SNDT University and Council Member of Mumbai University and other Senior Education Governance Bodies

Endorsements

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Organisations from all sectors have engaged with NAIP through seminars, qualifications, programmes and conferences. NAIP is regularly contacted by

organisations for details of NAIP qualified students.

Examples of organisations

3M IndiaAB Mauri India Pvt Ltd

Accutest IndiaACE Software Solutions Pvt Ltd

Aditya Birla Management Corporation PrivateAker Powergas Private Ltd

Ameriprise IndiaAranca Mumbai Pvt. Ltd Arvind Ltd

Ascent Ascent ConsultingAutomotive Research Association of India

BA Continuum India Pvt LtdBank of America

Bhartiya Samruedhi Investments and Consulting Capegemini India Pvt Ltd

Capita India Pvt. LtdCapital One Bank and Financial Services Castrol

Clover Infotech Coca-ColaDamji Shamji Realty P Ltd

Dimexon Integrated Business Services Pvt. Ltd Dish Hospitality

Divine Hospitality Services eClinicalWorks

Employee Services Capgemini India Ernst & Young

Financial Times (Global) Finolex Industries Ltd

First American India Pvt Ltd FunderMax India Pvt. Ltd Gift Wrapped

Gmmco Limited Greytip SoftwareHinduja National Hospital HSIL Ltd (Hindware) Hutchison Global LTD Hydro Building SystemsHyundai Construction Equipment India Pvt. Ltd

IDBI Capital Mkt. Sec. LtdIEEMA Association IL & FS Ltd

Imco Engineering & Construction Indostar Capital Finance Pvt Ltd

Jain Irrigation Systems Ltd Janata Sahakari Bank Ltd

Joannou & Paraskevaides (O) Ltd Kanakia Spaces Pvt. Ltd

KPMGL&T Infrastructure Development

Projects Limited Larsen & Tourben

LoyaltyOneLubrizol Advanced Material

Michael PageNational Institute of Bank Management

NGA HRNorthern Marine Management Pvt Ltd

Open text Corp Opportune Technologies

Orange Techno Labs Paper Plane Solutions PG

Privi Organics Ltd PWC IndiaReliance Communications Religare Wellness Limited

Relyon Soft TechRemunance Progress Partners

Rewards-AccentureRobo Silicon Pvt Ltd

SEBIService Care Pvt Ltd

Shoppers Stop Shriram Value

Siemens Enterprise Communication Skylink Int

Srei Equipment Finance Private Limited State Bank of India

Sterling & Wilson LtdSunquest Information Systems (I) Pvt. Ltd

Talent Maximus India P LtdTally

TC Travel Services Ltd The Bombay Store

The Fullerlife TimesjobsTotal Solutions Services

Tridhaatu Realty & Infra Pvt. Ltd UEM India Pvt. Ltd

Unicharm Vanoord India Pvt LtdVE Commercial Vehicles Ltd

Vikram Structure Pvt LtdVista Processed Foods Pvt Ltd

Volkswagen Group Sales India Pvt Ltd Wärtsilä India Ltd

WiproZhafir Plastics Machinery India Pvt

Engaged organisations

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www.naip.in

PROVIDING EXCELLENCE THROUGH

PROFESSIONALISM

INDIA OFFICENAIP EDUCATION PVT LTD, 256 Second Floor, Satra Plaza, Sector No. 19D, Vashi, Navi Mumbai, 400 703tel. 08080226688

UK OFFICE90 Long Acre, Arne Street Entrance,Covent Garden, London WC2E 9RAtel. 0044 7785 275685

For information on all NAIP products and services, please visit www.naip.in or email [email protected]