Foundation Degree in Payroll Management
The Foundation Degree in Payroll Management can take two or three years to complete based on individual knowledge and experience; however each year is a stand alone, industry recognised qualification:
Year One – Practitioner Certificate in Payroll
Year Two – Advanced Practitioner Certificate in Payroll
Year Three – Diploma in Payroll Management
You may only consider one or more employees to undertake Year One - Practitioner Certificate in Payroll because you feel that those individuals only need to know the basics but ask yourself these questions:
- Do you operate appraisal systems and personal development plans, perhaps linked to ISO and Investors in People?
- Do you want to be able to demonstrate that your sponsored employees have and will continue to progress within the workplace?
- Even if there is no room for progression currently should that stop personal and professional development of the individuals?
Why stop at year one?
The Foundation Degree in Payroll Management is work based and as the course progresses each module ensures that the student applies their learning to the work place. Year one covers a good knowledge of the basics; however years two and three take the student’s development further and covers such as:
- Team working
- Team management
- Organisational change
- Termination payments
As the employer you may not see those skills as relevant now; however will you be ready to fly once the economy picks up? Will you have retained your key staff and developed others? To invest in the full qualification would result in gaining the valuable asset of knowledge for your business.
The above list is by no means exhaustive; however should you wish to find out more about the content please click here.
The cost of the course can be found here.
Should your organisation be involved in the CIPP Payroll Quality Partnership Scheme (PQP) you may qualify for an employer discount under the Premium Service. Click here for details on the savings to be made.
If financial resources for education and training are not available have you considered use of Salary Sacrifice? Click here for more information.