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International vs Cyprus Payroll - Practical Workshop

International vs Cyprus Payroll - Practical Workshop

Dates

  • to
    Delivered Online
    €190+ VAT
    Book


Highlights

  • Delivered Online

  • 4 hours 30 minutes

  • All levels


The EIMF Live Online Learning Experience

Participants will receive access to the recorded sessions of the course.

EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more


Course Overview

This executive-level workshop provides a structured and practical comparison of payroll frameworks across Cyprus and selected European and International jurisdictions. Using a consistent salary approach, real-life payroll examples and comparable payroll calculations, participants will explore how payroll principles are applied in different countries and how local requirements influence payroll outcomes.

The programme moves beyond theory and statutory descriptions to demonstrate how payroll decisions affect employee net pay, employer cost, compliance requirements and business operations. Participants will gain practical insight into payroll structures, statutory deductions, employer obligations, allowances and benefits across multiple jurisdictions.

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 require a practical understanding of payroll complexity in a global environment.


Training Objectives

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


Training Outline

Payroll Fundamentals

  • What payroll involves beyond salary processing

  • Payroll components and terminology

  • 13th salary considerations across jurisdictions

  • Payroll assumptions and payroll complexity

Cyprus – Baseline Payroll Framework

  • Payroll structure

  • Taxable and non-taxable components

  • Practical payroll calculation

European Payroll Comparison

Germany

  • Payroll structure and statutory contributions

  • Payroll treatment of allowances and benefits

  • Practical payroll calculation

France

  • Employer and employee contribution framework

  • Payroll treatment of allowances and benefits

  • Practical payroll calculation

Netherlands

  • Payroll structure and employee protections

  • Payroll treatment of allowances and benefits

  • Practical payroll calculation

Comparative payroll observations

Interactive exercise 1 - Comparative payroll analysis

International Payroll comparison

United States (NYC)

  • Federal, state and local payroll framework

  • Payroll treatment of allowances and benefits

  • Practical payroll calculation

Israel

  • Progressive taxation and pension requirements

  • Payroll treatment of allowances and benefits

  • Practical payroll calculation

Kenya

  • Statutory contributions and compliance considerations

  • Payroll treatment of allowances and benefits

  • Practical payroll calculation

Philippines

  • TRAIN tax framework and statutory contributions

  • Payroll treatment of allowances and benefits

  • Practical payroll calculation

Multi-currency payroll considerations and compliance observations

Interactive exercise 2 - Payroll decision-making Case Study

Communicating payroll to management

Key payroll insights and conclusions


Who Should Attend

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


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.


In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.

Facilitators

  • Sotia Neofytou

    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