Solihull-based Chartered Institute of Payroll Professionals (CIPP) has announced a new intiative to help create jobs in payroll, bookkeeping and financial administration.
The scheme, funded by the UK Commission for Employment and Skills (UKCES), is hoped to support business growth within SMEs and business systems outsourcers.
With the mandatory requirement for UK employers to submit PAYE records to the Government in real time from April 2013 and the impact on pensions due to the introduction of automatic enrolment, the demands of financial administration in all businesses is set to explode, CIPP claim.
Lindsay Melvin, chief executive of the CIPP, said: “This project will provide the right level of financial skills, including payroll, bookkeeping and cash flow management to provide an affordable tool kit to enable SMEs not only to survive but to grow.
“The CIPP, through its strong links with other financial institutes and organisations, training and education providers as well as its considerable in-house payroll expertise, can provide both the much-needed resource and skills.”