fbpx
The Best Payroll Certifications to Advance Your Career

The Best Payroll Certifications to Advance Your Career

Apr 2, 2021 | Business

The Best Payroll Certifications to Advance Your Career

Why payroll certifications play an important role in Canada?

Payroll administrators are crucial in the Human Resources department. Because of payroll administrators, staff is paid accurately and on-time. Additionally, the organization remains compliant with Canadian payroll rules and regulations.

The Canadian Payroll Association is the only regulatory body in Canada, in relations to payroll administration, which offers professional certifications in addition to your own post-secondary accreditation.
The Canadian Payroll Association offers two certifications to help you advance your payroll administration career. By joining the Canadian Payroll Association, and earning the certifications they offer, you will be able to access a wide variety of resources. This will help you stay up to date and regulations as you aim to keep your organization compliant.
Another reason to earn additional certifications is the potential to increase your average annual salary by up to $10,000, according to the Canadian Payroll Administration.

Must have Payroll Certifications in Canada:

Payroll Compliance Practitioner (PCP)

The first of payroll certifications offered by the Canadian Payroll Association is the Payroll Compliance Practitioner (PCP). To become a certified Payroll Compliance Practitioner you will need to complete four courses.

Furthermore, you will need one full year of work experience, within a payroll administration position. Upon completion of the four courses, you will have become proficient in the legislative requirements to keep any Canadian organization compliment, in relation to payroll administration.

Additionally, you will be able to apply the appropriate legislation in a variety of payroll situations. You will also learn about third-party remittances, including technical and year-end requirements. Lastly, you will grow your knowledge of basic accounting principles and practices.

Certified Payroll Manager (CPM)

The Canadian Payroll Association’s second certification requires a Payroll Compliance Practitioner, as well as two years of work experience.

Earning a Certified Payroll Manager certification will help you step into management positions, and boost your potential for a pay increase. In addition to the required work experience, there are five modules you will have to complete in order to become a Certified Payroll Manager.

The introduction to payroll management module will give you the tools to be able to successfully manage a payroll department. In later modules, you will hone your leadership skills and ability to motivate others.

The Certified Payroll Manager certificate teaches you advanced accounting principles in relation to financial statements, budget preparation, and variance reporting.  Earning a Certified Payroll Manager certificate can help you climb both the corporate and pay ladder.

How to Get Started?

The Canadian Payroll Association requires post-secondary accreditation before pursuing certifications.

BizTech College’s Professional Accounting, Bookkeeping and Payroll Administration diploma is one of the most comprehensive payroll diploma programs in Ontario which can help you prepare you for above mentioned payroll certifications.

Extensively covering both the provincial and federal payroll legislation, this diploma program prepares you to enter the field with confidence. The strong background you gain here will help you to earn your payroll administration certifications and advance your career.

Related Posts

How do you create an effective content marketing strategy?

Content marketing strategy is one of the most important components of an overall digital marketing strategy. How can you create a successful content marketing strategy?  Define Your Goals  Your content, in some way, should contribute towards an objective or...

Content Marketing: What is it and Why it matters?

Content Marketing is difficult. You’ve probably heard that before, and it’s true. In today’s world, there are so many options for reaching your customers and prospects, not to mention all the other noise competing for their attention. If you want people to notice what...

Why Search Engine Optimization (SEO) is Crucial?

Search engine optimization (SEO) is the process of improving your website so that search engines like Google can find and display it in the best possible way. It's a critical part of digital marketing because without SEO, you won't be able to get new visitors to your...

FAQs – Digital Marketing Career in 2022

Are you interested in the digital marketing career? If so, you've come to the right place. In this BizTalk by BizTech College, we'll provide answers to all of your most common questions about a career in digital marketing in Canada. We'll also give you tips on how to...

FAQs – Admin Assistant Career in 2022

Looking to pursue a career as an Admin Assistant in Canada in 2022? In this Biztalk, we will cover the most important Frequently Asked Questions (FAQs) about the occupation to help you get started. Whether you're new to the field or have experience, read on for tips...

9 Must-Have Traits to Work in Social Media Marketing

Biztalk's Social Media Marketing career guide is intended to help you take the first steps toward a new career in digital marketing. This guide includes nine essential characteristics that are necessary to work in social media marketing. If you have the desire and the...

Fill out the quick form below to get the answers you need:

 ✔ How Much It Cost?
 ✔ Am I Eligible for Financial Aid
 ✔ Class Start Dates & Schedule
 ✔ Job Placement