Transitioning from payroll to reward management

 

12-13 April, 2017 | Cresta Golfview Hotel, Lusaka

KSM MANAGEMENT CONSULTS LTD is an HR professional firm is coordinating a workshop on Transitioning from Payroll to Reward, a focus for Payroll Administrators and Payroll Processors who wish to upgrade their knowledge and skills in much wider and broader scope by transitioning to Reward Management. Payroll Administration and Reward Management are totally different concepts. 

New Concept

In today’s business environment, organisations are now focusing on what motivates and how to motivate staff whilst keeping the wage bill flat. The concept of doing more with less can be realized when you effectively implement reward strategies that seek to motivate employees whilst keeping a statutory and administrative eye on payroll processing. Upskilling staff managing payroll is a driver to knowing how to harness this.

Payroll administration is an important and complex responsibility that requires individuals who pay attention to detail and who are effective in their application. Statutory Regulations have to be strictly complied with in accordance with the Zambian laws. Processing payroll isn’t just about mastering the software- it is being meticulous and knowledgeable. Being well versed with details and concepts of various must-know statutory legislation such as PAYE, NAPSA and Workman’s Compensation and ensuring that these are correctly applied, accounted for and paid on time with various institutions.

The Big Picture

Identifying the correct Payroll software and using acceptable and correct formula when processing payroll is a must. But this is one thing, Payroll managers must now look at a bigger picture and dive into the reward atmosphere. Reward management is the next step away from the traditional payroll administration which we are now used to. Managers of payroll and those responsible for ensuring that people are paid correctly must transition to the more robust approach of Reward management. 

At this two days workshop, participants will learn how to develop various techniques and methods to pay different levels of staff whilst keeping staff motivation levels high. The basis for differentiated pay, understanding why organisations pay bonuses and various other incentives is a realm of Reward management. 

Why should you transition to Reward Management?

A key concept for identifying the networth of each employee in the company begins with an analysis of what the job entails. Reward management is the means to look at each employee as a total person who is motivated by various incentive schemes. Understanding and applying this concept not only motivates all the staff but keeps the organisation’s wage bill at manageable levels. Smart organisations keep an eye on attracting the right people but of importance retains its people by keeping them happy. Organisations must now look at the Total-Cost-to-Company and compare what the candidate is worth to what is being offered. Managing Talent in view of the reward space is being strategic. 

Course objectives

Participants will;

  • Understand payroll administration and the various concepts used
  • Learn key methods adopted in effectively running and managing payroll
  • Ensure statutory obligations are anticipated, planned for and paid on time 
  • Understand – payroll calculation methods and its various formulas
  • Differentiate between statutory requirement and benefits
  • Understand what the new labour laws say on payroll and Pension matters and the impact on the organisation
  • Using payroll administration, avoid litigation in view of the new labour laws
  • Learn what gratuity is and how to apply it on the payroll side
  • Understand Contracts of employment and how to implement the contents therein on payroll
  • Being aware of the rights of employers vis-a-vis employees on financial matters
  • Understand the Zambian legislation in relation to Payroll
  • Understanding what reward is and how to bridge the gap between Payroll and Reward
  • Managing the Job Evaluation Space and learning the techniques involved

Who should attend

Payroll personnel and benefits specialists, Compensation and benefits staff, HR Managers and Generalists, HR Practitioners, Individuals who are new to payroll and Reward and are looking to deepen their understanding, Senior managers who make payroll and reward decisions, Staff who are looking to make Reward their career and anyone interested in payroll and reward management.

Fees: K3 500 Per delegate (inclusive of teas, lunch & certificate)

Early Bird Offer

  • 10 % Discount on bookings made 10 days before the event date. 
  • Enroll 3 participants and get the 4th at 50% Discount.

For bookings and clarification, contact: Phone- 0211 295486, 

0975 844051, 0962 845555; Email- This email address is being protected from spambots. You need JavaScript enabled to view it.

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