Payroll Manager Training
Become a Payroll Manager
Course: Payroll Manager
Payroll is one of the most complex administrative tasks modern organizations face. Amid an array of regulations and legal requirements, businesses, government and non-profit organizations call on professional payroll managers to make sure their employees get paid on time and within the boundaries of the law. This 100% online course will prepare you with the MBA-level skills you need to manage payroll in today’s fast-changing environment. Upon successful completion, you will be prepared to take and pass the American Payroll Association’s Fundamental Payroll Certification (FPC) exam.
Job Outlook for Payroll Managers
- According to the US Bureau of Labor Statistics (BLS), demand for human resource management professionals, including payroll managers, is expected to grow by 6% between now and 2029. This is faster than the expected growth for all jobs. The BLS expects growing complexity in legal requirements and retirements among current human resource professionals to drive this growth.
- PayScale.com found that payroll managers earn $68,751 per year on average. Salaries for early-career payroll managers range from $42-79,000, with an average of $59,288.
Payroll Manager FAQs
Payroll managers are responsible for all of their organization's payroll processes. This may include monitoring pay periods using timesheets or automated calculators. They oversee the calculation of pay computations and make sure all documents are prepared and submitted on time. They also interact with employees and executives to answer payroll-related questions and report payroll trends.
The American Payroll Association designs the Fundamental Payroll Certification (FPC) exam to set a standard for operating payroll professionals. It provides comprehensive coverage and assessment of the payroll function, which assures employers and colleagues that you have undertaken a challenging course of study to become qualified to manage their payroll. Many payroll managers report that the FPC's wide-ranging topics have prepared them to advance their careers or earn advanced opportunities.
Because payroll managers work with Internet-based payroll software and communications tools, payroll management is a common choice for remote or work from home job opportunities. ZipRecruiter.com reports that top payroll managers can earn up to $77,000 per year working remotely.
Course Objectives
- Develop basic practical and managerial skills
- Learn about how taxes affect a business, whether it’s a sole proprietorship, partnership, or corporation
- Understand the process of negotiating, evaluate negotiation styles, and consider successful negotiation strategies for most environments
- Know the seven management disciplines essential to business success
- Identify various laws and regulations that affect employers in their payroll operations
- Explain the use of the forms required to withhold, deposit, and report federal income taxes
- Understand the payroll process and supporting systems and administration
- Correctly apply payroll policies and procedures of a payroll department
- Be able to process a payroll from start to finish (payroll project)
- Be prepared to pass the FPC exam, and become certified in the fundamentals of payroll
Prerequisites and Requirements
You should have basic keyboarding and computer skills, be able to use a basic 4 function calculator, be comfortable navigating the Internet and using email and have an understanding of a word-processing program (such as Word). This course is intended for anyone interested in developing their management skills.
Curriculum
- Payroll Practice and Management
- Introduction to Payroll
- Determining Worker Status
- The Fair Labor Standards Act (FLSA)
- Federal Employment Taxes
- Payroll Forms
- Fringe Benefits – Tax-Preferred and Other Related Health Benefits
- Fringe Benefits – Deferred Comp, Retirement Plans, and Stock Options
- Other Employee Benefits
- Calculating Gross Wages
- Calculating Gross Pay – Additional Topics
- Paycheck Calculation – Taxes
- Paycheck Calculation – Voluntary and Involuntary Deductions
- Gross to Net Paycheck Calculation
- Compliance – Laws and Reporting
- Global Payroll
- Payroll Process and Systems, and Audits
- Paying the Employee
- Payroll Administration and Management
- Basic Accounting
- Exploring Payroll Careers
- Exam Preparation
- Payroll Project
- Management Training
- Financial and Accounting Management
- Marketing Management
- Strategic Management in Operations
- Legal Issues in Operations
- Legal Aspects of Contracts
- Tax Issues
- Organizational Development and Change
- Negotiating Strategies
- Business Best Practices
- Organization Leadership and Decision Making
- Project Management for Executives
- Seven Management Disciplines
Instructor
Helene K. Liatsos
Helene K. Liatsos is a business advisor and QuickBooks Certified Advisor with more than 25 years of experience. She consults for a range of companies, from travel agencies to startups. Her company, Home Office Management Experts, was awarded the 2004 Home-Based Business of the Year by the U.S. Small Business Administration. Helene holds a Bachelor of Arts from Fairleigh Dickinson University.
Katrina McBride
Katrina McBride’s career reflects extensive experience in organizational leadership, marketing strategies, and market development in multi-national corporate environments. Her leadership abilities have been utilized to develop new programs and functional areas. In director-level positions for Nortel Networks, she led strategy for competitive intelligence, emerging markets, and lead generation. McBride holds an M.A. in organizational management and a B.S. in psychology.
Registration and Enrollment
This course is open enrollment. You can enroll and begin anytime.
Who should enroll?
There are no prerequisites to enroll.
This course is 100% online. Start anytime.
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