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IAB Payroll for Business Award Level 3

Level 3 - Advanced

IAB Payroll for Business Award Level 3

Interested in a career in payroll?
Looking for a qualification that will give you the edge in the competitive job market of today? 

The Level 3 Award in Payroll for Business qualification has been designed to appeal to learners:
• who wish to further their studies of payroll and gain a qualification at level 2 of the regulated qualification framework, either from a point of no previous knowledge, or having already achieved the IAB Level 1 Award in Payroll for Business
• who already have some practical knowledge and skills and wish to gain an accredited qualification in the subject of payroll
• who are considering a career as a self-employed practitioner and businesses owners who would like to be actively involved in the gathering and processing of payroll data and keeping of payroll records for their business.

The Level 3 Award in Payroll for Business qualification aims to provide learners with a comprehensive range of knowledge and the practical skills that they will be able to use as a payroll processor for a variety of businesses.

On successful completion of the qualification the learner will have the knowledge and skills to:
• Accurately process the payroll under Real Time Information (RTI) regulations
• Keep accurate payroll records keeping; giving the learner the necessary skills to record financial payroll transactions in a both a manual and computerised environment
• Assess their own competence in carrying out a range of day-to-day payroll routines and activities in both manual and computerised payroll system. The activities will include the calculation of pay data and processing of that data using day-to-day payroll processing skills.
• Assess the implications when accuracy is not maintained
• Understand the importance of security and confidentiality in performing all payroll task.