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P.F. Espiritu V, Bacoor City 4102, Cavite
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Certified Payroll Specialist

A Certified Payroll Specialist (CPS) in the Philippine context is a professional who specializes in managing payroll processes, ensuring compliance with labor laws, and accurately calculating employee compensation. This certification reflects a deep understanding of payroll regulations, tax implications, and employee benefits specific to the Philippines.

Importance:

As businesses in the Philippines increasingly recognize the importance of efficient payroll management, the role of a CPS becomes essential in maintaining compliance and ensuring accurate employee compensation. This certification enhances the professional’s credibility and expertise, enabling them to contribute significantly to the overall efficiency of human resources and payroll operations in various organizations.

SessionTopic
Session 1: Overview of Payroll Management
  • Importance of Payroll in Business Operations
  • Key Roles and Responsibilities of a Payroll Specialist
  • Overview of Payroll Processing Cycle
Session 2: Employment Laws in the Philippines
  • Labor Code of the Philippines: Key Provisions
  • Employee Classification: Regular, Probationary, and Contractual
  • Rights and Obligations of Employers and Employees
Session 3: Components of Payroll
  • Basic Salary and Allowances
  • Overtime Pay, Holiday Pay, and Night Shift Differential
  • Deductions: Taxes, Contributions, and Other Deductions
Session 4: Salary Computation
  • Methods of Salary Calculation: Daily, Weekly, and Monthly
  • Handling Leave Benefits: Vacation, Sick Leave, and Maternity Leave
  • Calculating Final Pay and Separation Benefits
Session 5: Taxation and Withholding
  • Overview of Income Tax in the Philippines
  • Withholding Tax on Compensation: Rates and Procedures
  • Tax Identification Number (TIN) and BIR Registration
Session 6: Social Security and Other Contributions
  • Overview of SSS, PhilHealth, and Pag-IBIG Fund Contributions
  • Employer and Employee Contributions: Rates and Compliance
  • Filing Requirements and Deadlines for Contributions
Session 7: Payroll Compliance and Reporting
  • Preparing Payroll Reports: Payroll Summary and Tax Remittance
  • Filing BIR Form 1601-C and Other Related Forms
  • Common Compliance Issues and How to Avoid Them
Session 8: Payroll Software and Technology
  • Overview of Payroll Software Options Available in the Philippines
  • Benefits of Automation in Payroll Processing
  • Integrating Payroll Systems with HR and Accounting Functions

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