CIPP update
Payroll Assurance Scheme Don’t wait until it’s too late
CIPP launches CEOpay ratio reporting online training course FOLLOWING YEARS of concern about high levels of executive pay, the government has introduced legislation requiring listed companies to disclose figures and narrative about the ratio between the pay of their CEO and that of average employees. The legislation, which has effect from 1 January 2019, applies to financial years starting on or after this date, so the first organisations will publish from January 2020 onwards. It is therefore important to begin preparations well in advance and even to calculate the ratios using recent data so that organisations know what to expect and can prepare themselves for the inevitable spotlight on the published data. This online course will enable delegates to: ● identify organisations required to submit CEO pay ratio data ● identify and collate appropriate data for calculations ● calculate the statutory pay ratio figures- ● outline the supporting information requirements for the calculated figures ● appreciate the wider internal and external implications of the reported figures for an organisation. To book your place on this essential online course visit cipptraining.org.uk or email info@cipp.org.uk for more information.
With penalties for non- compliance of up to £10,000 per day * , can your business afford not to be CIPP Payroll Assurance Scheme accredited.
Level one and two payroll qualifications on offer through the CIPP in conjunctionwith Sage THE CIPP is delighted to announce that since 2 January 2019 it is offering the following courses and qualifications:
● Computerised payroll level one ● Computerised payroll level two
● Level 1 Award in Computerised Payroll for Business (RQF) ● Level 2 Certificate in Computerised Payroll for Business (RQF).
The introduction of these courses and qualifications to the CIPP’s education offering positions the Institute as the only provider of payroll qualifications from level one to level seven. Providing payroll professionals with a clear pathway and educational support whatever stage of their career. Using the latest Sage software, the programmes provide the learners with an excellent understanding of payroll administration and calculations, as well as experience in using payroll software. Speaking about the launch, Elaine Gibson MSc ChFCIPPdip, education director at the CIPP said: “respondents to the CIPP marketing insight survey 2018 indicated that they wanted this introductory level of qualification for their payroll teams and so we are delighted to be working with Sage to provide this for them.” To enrol or find out more about the level one and level two qualifications, visit cippqualifications.org.uk
For more information: Visit: cipp.org.uk/PAS Email compliance@cipp.org.uk Call: 0121 712 1000 Live chat with us
cipp.org.uk @CIPP_UK
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| Professional in Payroll, Pensions and Reward | XX *correct at time of publication
| Professional in Payroll, Pensions and Reward |
Issue 47 | February 2019
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