Why should I take this certification?

Payroll is the list of a company's employees, but this term is widely used to refer the total sum of money a company pays to its employees. It lists the records of salaries and wages, bonuses, and withheld taxes of the employees. This course will teach you the basic principles of developing and managing payroll system for organizations.

The certification tests the candidates on various areas in determining rates of pay, compensation management, job analysis, reward management, international compensation strategy, competency and knowledge-based pay, The Gratuity, and Bonus Act.

In this course, you will study & learn

  • Compensation & Compensation Management
  • Job Evaluation
  • Reward Management in Tncs (Transnational Corporations)
  • Compensation Strategy for Global Staffers
  • Competency-Based Compensation Systems
  • Knowledge-Based Pay
  • The Payment of Bonus Act,1965
  • The Payment of Gratuity Act, 1972
  • Wage Determination

How will I benefit from this certification?

Vskills Certified Payroll Manager will find employment in companies specializing in payroll outsourcing & human resource outsourcing. Various public and private companies also need payroll Manager for their payroll and human resource departments.

Companies that hire Payroll Manager

Vskills Certified Payroll Manager are employed in Top MNC's and organisations like Accenture, Wipro BPS, Adecco, Mercer India, Ikya Human Capital Solutions, ABC Consultants, Ma Foi Randstand

Payroll Manager Table of Contents


Payroll Manager Tutorial


Payroll Manager Sample Questions


Payroll Manager Mock Test


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1. Introduction to Compensation

1.1 Meaning Of Wage/ Compensation Payment

1.2 Importance of wage payment

1.3 Factors Influencing Wage And Salary Structure:

1.4 Components Of Employee Remuneration:

1.5 Wages And Salary:

1.6 Systems of wage payment:

1.7 Time Rate System:

1.8 Disadvantages of time rate system:

1.9 Piece Rate System:

1.10 Merits/ Advantages Of Piece Rate System:

1.11 Demerits/Limitation Of Piece Rate System       

1.12 Time Rate V/S Piece Rate Systems

1.13 Introduction to Compensation Management

2. Introduction To Compensation Management

2.1 Forms Of Compensation:

2.2 Macroeconomic Compensation:

2.3 Compensation and Organizational Strategy

2.4 Skill Requirement and Organization Compensation        

2.5 Compensation System:

2.6 Determining Rates of Pay:

2.7 Compensation Strategy:

2.8 Microeconomic Factors:

2.9 Theories of Wages:  A resume:

2.10 Demand And Supply Theory Of Wages:

2.11 Concepts Of Living, Minimum And Fair Wages:         

2.12 Minimum Wage

2.13 Living Wage

2.14 Fair Wage

2.15 Components Of A Compensation System

3. Job Evaluation

3.1 Job Analysis

3.2 Uses of Job Analysis

3.3 Internal & External Equity

3.4 Internal Equity

3.5 External Equity

3.6 Job Evaluation

3.7 Some Principles of Job Evaluation

3.8 Job Evaluation vs. Job Analysis

3.9 Job Evaluation

3.10 Ranking

3.11 Job Classification

4. Reward Management in Tncs (Transnational Corporations)

4.1 Remuneration And Benefits

4.2 Transnational Corporations

4.3 Reward Management

4.4 Global Staffers

4.5 Management

4.6 The International Compensation Challenge

5. Compensation Strategy for Global Staffers

5.1 Management Challenges Concerning International Benefits & Compensation

5.2 Compensation of Chief Executives & Other Employees

5.3 Compensation Comparison

5.4 Historical Perspective: in India

5.5 Present Compensation Trends

5.6 Components CEO Compensation

5.7 Features of Executive Compensation

5.8 CEO Compensation

5.9 Guidelines for CEO Compensation

5.10 Company’ s Act 1956

5.11 Managerial Remuneration & Companies Act 1956

6. Competency-Based Compensation Systems

6.1 Compensable Factors

6.2 Competency-Based System

6.3 What are Competencies?

6.4 Human Resource Professional

6.5 Skill-Based Compensation System

6.6 Appropriate Industries

7. Knowledge-Based Pay

7.1 Using Pay-for-Learning Systems

7.2 Real World Use of Pay-for-Learning Systems

7.3 Team Based Compensation

7.4 Design Considerations

8. The Payment of Bonus Act,1965

8.1 Power of exemption -

8.2 Application of certain laws not barred

8.3 Repeal And Saving

9. The Payment of Gratuity Act,  1972

9.1 Administrative Machinery           

9.2 Responsibility of the Employees

9.3 Penalty

10. Wage Determination

10.1 Lecture Notes

10.2 Wage Differentials

10.3 Last Word:  Are Chief Executive Officers (CEOs) Overpaid?


“Exam scheduling to be done through user account” / “Exam once scheduled cannot be cancelled”
Date of Examination
Examination Time
01:00 PM - 02:00 PM
02:30 PM - 03:30 PM
04:00 PM - 05:00 PM
05:30 PM - 06:30 PM
10:00 AM - 11:00 AM
11:30 AM - 12:30 PM

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