What does it cost to train Payroll & HR Gurus?

At Work2Learn, our mission is to create Payroll & HR Gurus. If you think your company could do with a few of these gurus, read further to learn about our innovative training solution.

 Already hearing that dreaded “ka-ching” sound and seeing your (virtual) money disappearing into a black hole? Don’t worry. This journey might be much more cost effective than you could’ve ever imagined.

 The idea behind our Payroll & HR University

After months of research and speaking to HR professionals and subscribers of payroll software all over South Africa, we found that these professionals face a number of obstacles when trying to keep up-to-date with the latest information.

 Firstly, they don’t want to spend long hours watching boring learning videos… Often, important questions are not answered in time with the technology available.

 If someone doesn’t enjoy these videos, the other available option is to leave the office for two full days of training while still needing a consultant to come to the office for further assistance afterwards. Payroll subscribers feel as if they have to attend seminars just to receive a manual while paying experts exorbitant fees for information that should be freely available.

 All of these options surely have the potential to make a training budget disappear in a flash!

 At Work2Learn, we offer an original alternative to your payroll and HR training headaches: our Online Payroll & HR Pocket Guide. We have created an online library filled with payroll training courses, accessible anytime of the day from any device.

 Courses are added every quarter and are relevant to the hot topics of the year. These courses are included in annual subscriptions. Subscribers of the library have the opportunity to interact with course presenters.

 Currently, the Online Payroll & HR Pocket Guide focuses on VIP Legacy payroll products (Essentials, Classic and Premier) but our ultimate focus is to become a general payroll training provider, focusing on multiple payroll products.

 Our Work2Learn online community platform is a space for subscribers to share and discuss knowledge and best practice, i.e. peer-to-peer learning.

 As a first step, we offer subscribers a Payroll Gap Analysis (PGA), also called a needs analysis or needs assessment. The PGA was developed with the aim of giving payroll administrators an opportunity to list their current competencies and performance levels as well as current challenges being experienced. This helps us to provide constructive feedback and tailor-made training guidelines.

 It all adds up..

Paying salaries is one of the five biggest costs incurred by any company. And avoiding unnecessary penalties resulting from non-compliance is clearly a sure-fire way of saving money. That’s why it’s so important for the training of employees managing these crucial processes to be up-to-date.

For this reason, we strongly advise that employers support continuous training of payroll and HR employees. Skilled and efficient staff in your payroll and HR team results in significant cost savings in the long run.

 When it comes to training expenses, most companies will spend their money on a combination of tax seminars, payroll and HR communities, training courses or paying for the services of a product consultant. (Consultants are definitely necessary, but they are product experts and should only be called in when product-specific queries need a solution.)

 Here is a short summary of these annual training costs (per person):

·     Seminars = R2 000

·     Membership of a community = R2 000

·     Classroom training (per course) = R3 500

·     Consulting services from a product expert @ R500 - R1 000 per hour.

The annual cost spent by companies on payroll and HR training and consulting can therefore easily range from anything between R2 000 to R100 000!

The question is: What are employers willing to pay for effective training of payroll and HR employees?

 We can save payroll subscribers 13 working days per year normally spent on training.

 So, what does it cost to train a Payroll & HR Guru?

Work2Learn’s Online Payroll & HR Pocket Guide is the solution to all your payroll and HR training headaches. And it will make a big difference to your pocket while saving precious time generally spent on training.  

 We are offering our first 500 subscribers a 20% discount. Make sure your details are updated here. Go live is around the corner!