Fundamentals
Target audience
- Executives, managers, or HR staff
2 day
New training
Payroll Fundamentals Training
Prerequisites
No prior knowledge is required.
Objectives
◗ Understanding the different sections of a pay stub.
◗ Calculate the basic payroll components.
◗ Communicate with employees: staff members and the payroll department.
Training program
◗ The General Framework of the Pay stub
– Pay stub structure
• Concept of the contribution base
• Calculation of net pay
• Calculation of taxable net income
◗ The top section of the pay stub: determining gross pay
– Base salary
• Monthly conversion
• Minimum Wage (SMIC) and collective bargaining minimums
– Components included in gross pay
• Bonuses
• Allowances
• Benefits in kind
– Pay components related to working hours: night work, Sundays, holidays, overtime
✔ UNDERSTANDING | Example: pay stubs showing overtime and benefits in kind
– Absences
• Daily Social Security Benefits (IJSS): illness, maternity, paternity and child-care leave, work-related and commuting accidents
• Paid leave: rules regarding continued pay or the “tenth”
✔ UNDERSTANDING | Illustration: ICP calculation
◗ The middle section of the pay stub: social security contributions
– Distinguishing between different contribution bases (capped, uncapped, brackets, etc.)
– Processing the various contributions in payroll
• Social Security: health insurance, old-age benefits, family allowances, CGS/CRDS, and other charges
• Unemployment insurance
• AGIRC-ARRCO
• Insurance/mutual insurance/supplemental retirement
– Understanding the relationship between contributions and benefits
✔ APPLY | Practical exercise: Prepare simple payrolls for non-executive and executive employees
◗ The bottom section of the pay stub: calculating net pay
– Items Added to Net Pay
• Severance Pay: The Basics
• Business Expenses
– Deductions Made: Advances, Installments, Wage Garnishment
✔ APPLY | Practical Example: Calculate the Amount of a Wage Garnishment
– Withholding Tax
• Amount Subject to Withholding Tax
• The Different Rates: Personalized, Individualized, Neutral
Why choose this course?
Pay stubs remain difficult for non-specialists to understand: gross pay, net pay, contributions, vacation time, absences, or sick leave.
This training course helps you understand how payroll works, read the pay stub line items, and communicate effectively with payroll professionals.
Teaching and assessment methods
Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.
Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.
Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.
During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.
Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.
Price
€1,755 (excluding tax)