Overview
The Level 2 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.
The qualification is made up of:
1x Paper Examination
1x Online Knowledge Test
Key information:
50 GLH (Guided Learning Hours)
100 hours TQT (Total Qualification Time)
Overview
The Level 2 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.
Study time
Total qualification time – 100
Guided learning hours – 50
Who is this qualification for?
The Level 2 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.
What you’ll study
- Principles of employment legislation and payroll processing
- Computerised payroll processing
Learning Resources Available
The IAB Level 2 & 3 Payroll RQF – 2020/21 Tax Year – Study Text – Study Text can be found here
How much will it cost?
Students studying or wanting to study through a training provider, (classroom based or distance learning) should contact potential training providers to get an idea of the total cost for the qualification. As the majority of the training providers will include the IAB registration fees into their own fee.
This fee covers the following:
- Registration onto the qualification
- All IAB assessment fees (excluding re-sits)
- Certification upon successful completion of all assessments
How is it assessed?
1 Paper Examination
Paper Examinations are assessed under examination conditions. There will be a scenario that will be worked through on computerised payroll software. A series of printouts will be generated throughout the examination and at the end. These printouts will then be submitted back to the IAB via the exam centre.
Examinations can be taken in any month and on any day (subject to the examination centre). This means that you can move up through the levels quickly as well.
Examinations require a minimum of 5 weeks’ notice in the UK and 8 weeks for those outside of the UK, before the examination date. This allows us enough time to process the registrations and get the examination papers dispatched
Further opportunities
Holders of the Level 2 Award in Payroll for Business qualification may progress to another qualification at:
- Level 2 carrying with them credits for units achieved to expand their knowledge and skills in the subject area
- a higher level, thereby developing their knowledge and skills in the subject area.
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