ΠΕΡΙΓΡΑΦΗ

This executive-level workshop provides a structured and practical comparison between Cyprus payroll and international payroll environments, focusing on both European and non-European jurisdictions. The programme moves beyond theory and statutory descriptions, using real life payroll examples, comparable salary calculations, and practical scenarios to demonstrate how payroll decisions affect net pay, employer cost and business operations. 

Through guided discussions and two interactive exercises, the workshop supports participants in transitioning from payroll calculations to payroll decision-making. The programme is designed for professionals involved in payroll, HR, finance and international operations who need a clear, practical understanding of how payroll differs across jurisdictions.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of this workshop, participants will be able to: 

• Understand the core components of payroll beyond base salary
• Distinguish between taxable and non-taxable salary elements across jurisdictions
• Compare Cyprus payroll with European and non-European payroll systems using practical examples
• Analyse payroll outcomes using a consistent Gross salary approach
• Identify key compliance and operational payroll risks in international environments
• Differentiate between allowances, benefits in kind and expense reimbursements
• Apply payroll knowledge to real life decision-making scenarios
• Explain payroll complexity and risk in clear business language to management

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This programme is suitable for:

• Payroll professionals
• HR managers and HR partners
• Finance and accounting professionals
• Professionals involved in international operations
• Managers overseeing payroll or cross-border employment

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Trainer:

Sotia Neofytou

Sotia is a payroll professional with solid hands-on experience in both Cyprus and international payroll environments. She specialises in payroll compliance, cross-border payroll operations, and the practical implementation of payroll processes, supporting organisations in navigating payroll complexities across multiple jurisdictions.   She is a member of the Cyprus Payroll Management Association (CPMA) and has built her career through direct involvement in international payroll operations. Sotia combines technical payroll knowledge with a strong understanding of business needs, enabling her to translate complex payroll and regulatory requirements into clear, practical, and actionable insights for professionals.

Training Outline 

Cyprus Payroll -Baseline model

• Overview of Cyprus payroll structure
• Taxable vs non-taxable elements
• Practical payroll calculation example

 European Payroll – Practical country comparisons

• Germany
  • Payroll structure and statutory contributions
  • Allowances and benefits
  • Practical payroll calculation example
• France
  • Employer and employee contribution framework
  • Allowances and benefits
  • Practical payroll calculation example
• Netherlands
  • Payroll structure and employee protections
  • Allowances and benefits
  • Practical payroll calculation example

 Interactive exercise 1 – Comparative payroll analysis

 International Payroll – Non-European jurisdictions

• United States (NYC)
  • Federal, state and local payroll structure
  • Allowances and benefits
  • Practical payroll calculation example
• Israel
  • Payroll structure, progressive taxation and mandatory pension
  • Employer obligations and benefits
  • Practical payroll calculation example
• Kenya
  • Payroll structure and statutory contributions
  • Compliance and audit considerations
  • Practical payroll calculation
• Philippines
  • TRAIN tax framework and statutory contributions
  • De minimis benefits and allowances
  • Practical payroll calculation example

Interactive exercise 2 – Payroll decision-making case

 Communicating payroll to management

Training Style

The programme is delivered through a combination of presentation knowledge, practical payroll examples, comparative analysis and interactive group exercises. Emphasis is placed on real life scenarios, structured discussion and applied learning to support participants in transferring knowledge directly to their professional environment.

CPD Recognition

This programme may be approved for up to 4 CPD units in Accounting and Auditing. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.