PAYROLL FOR BUSINESS Level 2 Award

Level 2
Further Education
Portadown Campus
IAB

Overview

The Payroll for Business Level 2 Award is a comprehensive programme designed to equip participants with the knowledge and practical skills necessary to effectively manage payroll processes within a business setting. This course is ideal for individuals who are involved in payroll administration or those seeking to develop their skills in payroll management.

Throughout the course, participants will gain a deep understanding of payroll principles, regulations, and best practices. They will learn how to accurately calculate and process payroll, ensuring compliance with legal and regulatory requirements. Participants will also develop a strong foundation in payroll terminology, documentation, and record-keeping.

This qualification is specifically aimed at learners who wish to gain an introduction to the study of payroll using commercially available payroll software and gain a qualification at Level 2 from the regulated qualification framework, either from a point of no previous knowledge, or having worked in a payroll environment with no accredited payroll qualifications. It is also aimed at:

Those who have achieved the IAB Level 1 Award in Computerised Payroll, IAB Level 1 Award in Payroll or IAB Level 1 Award in Computerised Payroll for Business.
Those who are new to working in payroll but have some previous general knowledge of payroll procedures.
Those who now wish to increase their skills and knowledge to that required of payroll processors in a computerised payroll environment, prior to employment.
Those who wish to return to working in payroll and need to update their knowledge.
Those who are already employed in payroll processing or allied roles and who wish to ensure that they have both a firm foundation and the knowledge and skills to perform some non-routine computerised payroll tasks.
Those preparing for or undertaking an Apprenticeship in Payroll at Level 2.
Learners who are also considering a career as a self-employed practitioner will find the course invaluable as a basis for completing day-to-day payroll processes, as will business owners who would like to be actively involved in the gathering and processing of payroll data and keeping of payroll records for their business. It is advisable for those offering a payroll service to also have the full underpinning knowledge of payroll calculations, practices and procedures.

The course will cover a wide range of topics, including statutory deductions, tax codes, national insurance contributions, pension schemes, and employee benefits. Participants will learn how to calculate gross and net pay, handle deductions and allowances, and produce accurate payroll reports. They will also gain knowledge in payroll legislation, including tax obligations, employment laws, and data protection regulations.

Participants will have the opportunity to apply their learning through practical exercises and case studies. They will learn how to use payroll software effectively, navigate payroll systems, and troubleshoot common payroll issues. Participants will also learn how to handle payroll queries from employees, ensuring confidentiality and professionalism in their interactions.

Individuals will be assessed through an online knowledge test which will test the theory behind payroll. At the end of the course, there will also be a practical exam which will be forwarded to the examining body.

In addition to the course fees, students will be required to pay a £50 IAB Student Membership fee directly to IAB. Students will not be eligible to sit the assessment unless this fee is paid.

On successful completion of this course learners can progress to the Level 3 Certificate in Computerised Payroll Administration or other advanced payroll courses.

Upon successful completion of the course, participants will be awarded the Payroll for Business Level 2 Award. This industry-recognised qualification demonstrates a high level of competence in payroll administration and management. It can enhance career prospects and open doors to a variety of payroll-related roles, including payroll administrator, payroll officer, or payroll manager.

Faculty of Professional Services

FacultyPRSE@src.ac.uk 028 3025 9683

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