Mastering Payroll: Theory, History, and Modernization

Mastering Payroll: Theory, History, and Modernization

Learning Objective

At the end of the lesson, you will have a comprehensive understanding of payroll theory, its historical development, key terms, and the modernization project of payroll in Ireland.

What do you already know about payroll and its evolution?

History of Payroll

Trace the historical development of payroll from ancient times to the modern era, highlighting key milestones.

Payroll Terms

Explanation of essential terms such as gross pay, net pay, deductions, and statutory payments.

Modernization of Payroll in Ireland

Overview of the ongoing modernization project in Ireland, including the adoption of digital systems and compliance with regulatory changes.

Challenges and Opportunities

Identify the challenges and opportunities associated with modernizing payroll systems and processes.

Interactive Exercise: Payroll Terms Quiz

Engage in a fun quiz to test understanding of payroll terms and concepts.

Conclusion and Recap

Summarize the key takeaways from the lesson and provide a platform for further discussion or questions.

Write down 3 things you learned in this lesson.

Have students enter three things they learned in this lesson. With this they can indicate their own learning efficiency of this lesson.

Write down 2 things you want to know more about.

Here, students enter two things they would like to know more about. This not only increases involvement, but also gives them more ownership.

Ask 1 question about something you haven't quite understood yet.

The students indicate here (in question form) with which part of the material they still have difficulty. For the teacher, this not only provides insight into the extent to which the students understand/master the material, but also a good starting point for the next lesson.