Managing Payroll, Remuneration and Employee Benefits

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Managing Payroll, Remuneration and Employee Benefits

Price:

$580.00

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Managing Payroll, Remuneration and Employee Benefits

$580.00

Quantity
TOTAL: $630.00 over 2 months
Initial Payment: $150.00
Succeeding Payments: $120.00 X 4 fortnightly payments

Units of Competency

2

Course Access

3 months access to online course

Support Hours

7am - 9pm AEST (Mon - Fri)

Why Study with AOT?

  • Over 15 years of delivering qualifications online
  • Dedicated eLearning and LMS development team
  • Courses developed in-house by industry experts
  • Courses written specifically for online delivery
  • Professional and industry skilled trainers
  • Rated ‘Excellent’ on independent review platform TrustPilot

Simulated Workplace

Full access to our unique virtual company that brings your course material to life.

Delivery Mode

100% online, available 24/7
No classroom attendance or work placement

Trainer Support

One-on-one unlimited

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Course Overview

Use coupon code AOT10 to receive 10% off when you pay upfront. See terms and conditions for details.

Looking after payroll, remuneration and benefits for employees and contractors can be a high-paced and rewarding position. Remuneration and benefits advice and analysis supports a company’s objectives making it an integral part of the business strategy. Managing payroll spans all industries and work environments with the responsibility for managing payroll systems and calculations.

In these two units of study, you will learn to manage remuneration, employee benefits, and payroll.

View the units below to understand what each unit within this course offers and how each delivers specific skills and knowledge in a practical sense which you can relate to in the workplace.

This short course will earn you a Statement of Attainment in partial completion of the BSB50618 Diploma of Human Resources Management.

Career Opportunities

  • Remuneration and benefits manager
  • Payroll officer
  • Administration manager
  • Human resources manager

Study Pathways

You may use all of the units of this course to credit transfer towards the below qualification at AOT:

  • BSB50618 Diploma of Human Resources Management

Talk to our course advisor for more information on credit transfer rules and the qualification that will best suit your needs.

BSBFIM502 Manage payroll

This unit describes the skills and knowledge required to establish and monitor security procedures for managing organisational payroll services and to calculate and process salary payments, group taxation and related payments.

It applies to individuals, employed in a range of work environments, who are required to establish and work with payroll systems and may have responsibility for managing payroll systems and calculations.

Topics:
  1. Establish procedures for management of payroll
  2. Prepare payroll data
  3. Authorise payment of salaries
  4. Administer salary records
Upon successful completion of this unit, you will:
  • document steps undertaken to establish payroll system
  • use data and calculations to reconcile salaries, wages and deductions in accordance with all legislative and organisational requirements
  • create accurate payroll management records
Demonstrate knowledge of:
  • key provisions of relevant legislation, standards, regulations and codes of practice that may affect aspects of payroll operations
  • organisational policies and procedures across the full range of tasks for the required payroll processes
Nominal hours = 30 hours

BSBHRM505 Manage remuneration and employee benefits

This unit describes the skills and knowledge required to implement an organisation’s remuneration and benefit plans. It incorporates all functions associated with remuneration, including packaging, salary benchmarking, market rate reviews, bonuses and the legislative aspects of remuneration and employee benefits.

It applies to individuals who are human resource managers responsible for overseeing an organisation’s remuneration process.

Topics:
  1. Develop organisation’s remuneration strategy
  2. Implement remuneration strategy
  3. Review and update remuneration strategy
Upon successful completion of this unit, you will:
  • develop remuneration strategies for different occupational groups
  • manage remuneration and benefits in accordance with all legislative and ethical requirements and operational policies
  • apply awards and agreements to remuneration processes
  • apply requirements of the Australian Taxation Office in relation to income tax, superannuation reporting, FBT and bonus payments
Demonstrate knowledge of:
  • remuneration principles or models and approaches
  • the ethical practices relating to remuneration and benefits strategies
  • various remuneration or employee benefits
  • ways to position an organisation an ’employer of choice’
  • award structures for industrial agreements
  • organisational policies and procedures affecting remuneration strategies
  • relevant legislation, regulations and standards that may affect remuneration strategies
  • the requirements of the Australian Taxation Office in relation to:
    • income tax
    • superannuation reporting
    • FBT and bonus payments
Nominal hours = 60 hours

You will be assessed for these units of competency using a variety of tasks to assess your understanding and skills. A virtual session means you will be one on one with your assessor either answering questions or taking part in a role play, just as you would do in any classroom, only we do it online.

All of our assessments are marked by your assessor within ten (10) working days following the day you submitted your work. You have three (3) attempts for each assessment task to achieve a satisfactory outcome (100% pass mark), with your assessor giving you detailed feedback following each submission.

Unit Written
Activities		 Virtual Classroom/Roleplay Scenario/
Case study		 Project/
Report
BSBFIM502 Manage payroll✔Written Activities✔Scenario/Case Study
BSBHRM505 Manage remuneration and employee benefits✔Written Activities✔Virtual Classroom✔Scenario/Case Study

We provide you with up to three (3) months to complete this course. How long it actually takes you to complete each unit will be reflective of the time you are able to dedicate to your studies.

In the units list, you will see the government’s nominal hours for each unit, which are their anticipated number of study hours. Our students usually find that their actual study hours are less than this.

Requirements

There are no formal requirements. However, learners will need:
  • Sufficient language, literacy and numeracy skills to complete the course
  • Basic computer skills
    • Knowledge of common computing terms and word processing
    • Proficiency with web browser software and sending/receiving e-mail including e-mail with attachment
    • Familiarity with navigating the Internet
  • Meet technology requirements

Technology requirements

  • Operating System: Windows 7 or higher (recommended); MAC OS X 10.6 (Snow Leopard) or higher (recommended)
  • CPU: Min. of 2 GB of RAM, Min. of 2 GB of spare disk space is recommended
  • Processor: 2.0 GHz processor or higher (32-bit or 64-bit)
  • Monitor with at least 1024x768 screen resolution
  • Internet access: Minimum ADSL1 with a speed of at least 3 Mbps
  • An email address that is unique to you and that you will maintain throughout your enrolment
  • Headset (or speakers and microphone) and webcam
  • Microsoft Office (Word, Excel, PowerPoint, Publisher) or similar software
  • Up-to-date web browser version

Support you can expect from AOT

Our focus is to provide the real-world skills and knowledge that you need to advance your career, fulfil your goals and achieve success in the workplace. No matter what course you choose, here at AOT you will receive the assistance and support that will help make your study time convenient, manageable and worthwhile. The benefit of studying with us is that you don't have to schedule your time to attend face-to-face classroom sessions. You can study at times convenient to you in your own home or anywhere that suits your learning style. To support you in your study we provide:

Live chat

Trainer support available whilst you are studying 7am – 9pm AEST (Mon to Fri).

Contact us form

Contact us at any time using the Contact us form found within your course to create support tickets.

Mentoring sessions

You can book unlimited appointments with a trainer to discuss the learning material, assessment expectations, or assessment feedback.

Virtual classroom sessions

This can be booked with your trainer for specific assessments.

Course induction

You are provided with a course induction tutorial and you may also request for a Learner Support Officer to personally take you through the sauceLMS and your course.

Help and Support

A section on your sauceLMS dashboard with useful links.

Student Frequently Asked Questions

Find answers to your questions quickly and easily using the FAQs.
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