I worked as a administrator in a small company which involved bit of payroll work. Now, i want to look for payroll jobs, so i was researching on the qualification offered by IAB, ICB and CIPP. but confused which one is best on the topic wise. please can anyone advice which is the best option considering reasonable fee?
Hi Gini
I would suggest you have a look at what the jobs in your area are calling out for in terms of qualification requirements. A lot would depend on the type of business you are looking to work for/their size.
Are you looking to be self employed?
If not and I get the impression you are looking for employment then CIPP is the chartered qulification and the one I would suggest you aim for as this is more likely to open up jobs at both ends of the business market and is more likely to enable you to get something in some of the larger corporate type firms where there are large payroll departments which can also then provide career progression. Not the cheapest, but the best.
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
I want to look for employment at the moment. I did some research on the local jobs, the requirement is good experience in payroll and good knowledge on the payroll legislation and other payroll concepts. I dont have experience purely in payroll; so i was planning to get a qualification which will help me to get knowledge on payroll as well as certification. (Hoping my little experience and knowledge along with certification will help me find a job opportunity in payroll)
If I am not wrong, Payroll Technician Certificate from CIPP is the one you are suggesting? Please correct me if i am wrong, as I want to take up the right course.
CIPP is a defacto standard in a similar way to AAT being the go to place for SME accountants. For employment it's the one that employers will ask for (as well as experience). Nothing against the IAB or ICB qualifications for self employment as either of them will give you a good introduction to the subject and enough to get by with many basic payrolls. Although, as bookkeeping seeps over into Accountancy, so payroll seeps over into HR so really to impress potential employers you need to be able to demonstrate a good in depth knowledge of employment legislation which CIPP indicates (although doesn't necessarily guarantee) that you will have.
As almost always I agree with Joanne and CIPP would be the best qualification for your defined requirements.
kindest regards,
Shaun.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
