The Post Graduate Diploma in Payroll Management and Compliance has been designed to ensure that your organizations payroll is both precise and compliant; and has been developed after detailed consultation with Payroll and HR experts from both the private and government sectors within India as well as international practitioners from the UK.The National Academy of Indian Payroll (NAIP) is the premier professional payroll body for India providing internationally recognised international benchmarked standards supporting Government requirements and business development through qualifications and training to ensure compliance management of the payroll field. There are equivalent organisations to NAIP in Australia, Canada, New Zealand, South Africa, USA and the UK where there are established governing bodies and academies for payroll professionals.Payroll and Compliance management are complex and important functions within Human Resources or Finance departments of any organisation. The salaries and wages component of employee costs are amongst the highest expenditures in any organisation, significantly impacting the bottom line of corporate organizations and thus is a key factor in economic prosperity. It is vital that there is accuracy and timeliness in payroll production, ensuring not only the correct net pay to employees but computing accurate overheads to ensure accounting accuracy. Payroll management has also direct linkage to the strict compliance of stringent provisions of large number of complex labour laws prevailing in India. Any non-compliance attracts severe penal consequences. To ensure accurate salary and rewards are paid on time, efficient payroll management is necessary. This will help lead to a satisfied workforce and avoidance of penalties for non-compliance. NAIP is already playing a significant part in the payroll sector and will continue to build on
that success through its dialogue and interaction with industry, commerce, the workforce, government authorities, national and international partners.