Introduction to salary monitoring

About this course

This course is an introduction to salary monitoring. The course will explain what is meant by salary monitoring, the purpose of salary monitoring and how variances in staff pay can have an impact on the school’s budget. The course will also include the completion of the salary monitor and the posting of staff expenditure transactions to the finance system.

Learning Outcomes

• to understand the purpose of salary monitoring
• to be able to complete the monthly salary monitor
• to be able to reconcile the monthly salary monitor
• to be able to identify variances
• to be able to investigate variances
• to be able to understand if a variance is ‘real’ or ‘timing’
• to be able to post payroll transactions to the finance system