Contractual Aspects of Payroll Administration Essay

Words: 3724
Pages: 15
Open Document
MODULE 2.

CONTRACTUAL ASPECTS OF PAYROLL ADMINISTRATION

Introduction

This report will outline and compare existing employee contracts to legislative requirements, and assess where Global could be at risk for not complying with these requirements.

Global is the world's leading provider of Aerospace insurance with clients who are engaged in every aspect of the Aviation and Space industries. The office is based in London with other offices across the world. London currently employs 123 employees. The payroll department consists of two people, the payroll manager and the payroll administrator. The department is responsible for the correct and timely administration of all …show more content…
This has not had a major impact on the business as the tendency is that new mothers take the leave. (HM Government, 2012).

Along with the aforementioned legislation, Global has had to update policies on the Employment Act 2002 and Work and Families Act 2006, (Legislation n.d) to coincide with the increasing number of new parents. All maternity and paternity leave and pay have been updated, along with adoption leave and pay as both areas have affected the company. Payroll has been proactive in updating the payroll system where necessary and changing the company in house forms used for maternity and paternity changes. Payroll and HR have also had to incorporate flexible working for parents. (Working families, 2012). This change has meant that payroll and HR need to draw up new contracts, change working patterns on the system and pro rata pay and benefits.

Where there are any changes to legislation that affects Global, the staff handbook is updated and all employees are notified of these changes via email.

3. Processes

The payroll department has written procedures in place which explains the processes the team complete for the pay run. “Documented procedures ensure a clear and defined approval process, efficient payroll activities, availability of forms and appropriate controls.” (ehow, 2013).

Global operates a negative payroll for all staff (CIPP, 2008 p15). This means that no action is required for the payroll to be run every month. The small
Show More

Related Documents: Contractual Aspects of Payroll Administration Essay

AQ2013 ISYS sample1 AssessmentBook Essay

Sample assessment Internal controls and accounting systems AAT Level 4 Diploma in Accounting Assessment book Candidate This sample assessment is for familiarisation purposes only and must not be used in place of a ‘live’ assessment. When you feel prepared to sit the live assessment please contact your Training Provider who can schedule a live assessment for you. Guidance The unit being assessed by this report is Internal Controls and Accounting Systems. Assessment is by a formal business…

Words 9930 - Pages 40

Essay about IT230LAN Topology Design Final

connection with VPN server uses secure tunneling protocols and provides a direct connection to internal network resources. The core business applications to be used will be Microsoft Office Professional including Outlook, outsourced accounting for payroll and travel. Oracle database servers will store critical data being used for various departments. Documentum software will be used for FDA document storage by records management. Back up and Recovery will be handled using a remote online backup service…

Words 4451 - Pages 18

Corporate Compliance Essay

Introduction In this paper I will create a corporate compliance plan paper for Riordian¹s virtual organization. This plan will focus on managing the legal liability of officers and directors of Riordian. This plan will address ADR, enterprise liability, product liability, international law, tangible and intellectual property, legal forms of business, and governance. ADR Alternative dispute resolution (ADR) will be used for resolving…

Words 8421 - Pages 34

“Utah Symphony and Utah Opera: a Merger Proposal” Essay

“Utah Symphony and Utah Opera: a Merger Proposal” Financial Strengths and Weaknesses of the Utah Symphony Before the Merger The financial state of the Utah Symphony before the merger was grim. It was understood by the symphony’s chairman of the board, Scott Parker, that the situation was getting worse. This was aggravated by the downturn of the economy and the event of 9/11. However, even before the economic downturn and 9/11, the symphony was very close to a deficit situation (Delong & Ager,…

Words 14813 - Pages 60

Apollo Shoes Case Essay

[pic]APOLLO SHOES, INC. An Audit Case to Accompany AUDITING AND ASSURANCE SERVICES SUGGESTED SOLUTIONS Prepared by Professor Cal Christian East Carolina University Professor Tim Louwers James Madison University Introduction We designed the Apollo Shoes audit case to introduce students to the entire audit process, from planning the engagement to drafting the final report. Students are asked to assume the role of a veteran of two-to-three “busy” seasons, “in-charging”…

Words 33687 - Pages 135

Essay about Brazil - Pestl Analysis and Swimwear Industry Review

| RESEARCH ASSIGNMENT | Brazil: Swimear & Surfwear | | Warwick Brown (87354922) | | | Contents EXECUTIVE SUMMARY 1 SITUATION ANALYSIS 1 POLITICAL 1 ECONOMIC 2 SOCIAL 3 TECHNOLOGICAL 5 LEGAL 6 ENVIRONMENTAL 7 THE SWIMWEAR INDUSTRY 8 BRAZILIAN BRANDS 9 AUSTRALIAN BRANDS 10 MARKET ENTRY STRATEGIES 12 EXPORT 12 JOINT VENTURE 12 DIRECT INVESTMENT 13 PREFERRED STRATEGY 13 APPENDIX 15 BIBLIOGRAPHY 16 EXECUTIVE SUMMARY Brazil is the largest…

Words 5566 - Pages 23

Project Definition Report - Naxxar Sports and Shopping Complex Essay example

DEPARTMENT OF MANAGEMENT UNIVERSITY OF MALTA Project Management – Project Definition Report Naxxar Sports and Shopping Complex Table of Contents Preface ............................................................................................................................................ 3 Management Summary .................................................................................................................. 4 Background ...........................................…

Words 7391 - Pages 30

Essay on Shared Service Center

Management control in Shared Service Centers - How to influence people in the striving towards organizational goals Authors: Emma Carlsson Ann Schurmann Avdelning, Institution Division, Department Ekonomiska institutionen 581 83 LINKÖPING Språk Language Svenska/Swedish X Engelska/English Rapporttyp Report category Licentiatavhandling Examensarbete C-uppsats X D-uppsats Övrig rapport ____ URL för elektronisk version http://www.ep.liu.se/exjobb/eki/2004/iep/015/ Titel Title Författare Author…

Words 42241 - Pages 169

Study Guide Essay

this course interesting and useful throughout your career. This course was designed to meet the unique needs of students like you who are both highly motivated and capable of completing a degree program through distance learning. Our faculty and administration have been involved in distance learning for over forty…

Words 25132 - Pages 101

Managing Information Technology (7th Edition) Essay

CONTENTS: CASE STUDIES CASE STUDY 1 Midsouth Chamber of Commerce (A): The Role of the Operating Manager in Information Systems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5…

Words 239873 - Pages 960