Employment payments and insurance contributions, checking January

On February 24, 2011 the expert of outsourcing division of BDO group in Russia, methodologist of the Payroll processing centre Elena Sorokina participated in practical seminar on the subject of “Employment payments and insurance contributions 2011, checking January”. This event was organized by the magazine “Chief accountants club“ for chief accountants, financial directors and payroll specialists of Russian and foreign companies.

 

On the invitation of the magazine “Chief accountants club” Elena Sorokina made a presentation on the topic of complex issues of calculation of temporary disability, maternity and child care benefits.  In the presentation Elena Sorokina described the new procedure of assignment, calculation and payment of sick lists in year 2011. In particular, commenting the changes in the Russian legislation, Elena directed the audience’s attention to the fact that now the first 3 days of disease (injury) are paid out of employer’s funds in 2011, the payment can be processed either at all work places or at one work place at the employee’s choice with account of salary paid by other employers, benefits are calculated basing on average salary for the last two calendar years that precede the occurrence year. She also listed the rules of average daily salary calculation in her speech.  As a legal base Elena Sorokina mentioned the Federal law dated December 8, 2010 No 343-FZ «On introduction of amendments in the Federal law «On obligatory social insurance in cases of temporary disability and maternity”.  The amendments come into force on January 1, 2011.

 

During the speech other currently actual questions were touched upon, these were the questions related to the new procedure of assignment, calculation and payment of sick lists in 2011. Elena Sorokina told about special features of calculation of maternity and child care benefits in 2011-2012, about employer’s responsibilities appeared in connection with the new procedure of assignment and payment of sick lists, she also answered the questions of the audience. The seminar organized by the magazine «Chief accountants club» (Publishing house «HR management») was directed to the practitioners. On the event the complex issues related to accrual of salary, bonuses, vacation leaves, business trips were also raised, the changes in labour and tax legislation in 2010 – 2011 were commented, the topics of bonuses on insurance contributions were discussed. The consultants in law, taxation and business management, director of outsourcing companies were invited to the seminar to act as speakers.

 

Yuliya Tolstyakova, Chief Editor of the magazine Chief accountants club:

-  The events of publishing house «HR management» are organized on monthly basis and gather a great number of practitioners from among financial directors, chief accountants and HR directors.  We invite practicing experts from auditing and consulting companies to be speakers on our events. These speakers are able not only to present to audience fundamentally prepared theoretical material, but also to give an independent estimate concerning currently actual changes in the legislation.  We were pleased to invite to our event an expert from BDO, because we have already had an opportunity to watch how the specialists of this company were making speeches at other specialized events, in particular at the business lunch dedicated to the BDO experience in coming through tax inspections.   The professional knowledge that these specialists can present to our audience from among subscribers and hearers will surely be useful for us from the point of view of determining topics for our future publications.

 

Elena Sorokina, Payroll processing centre methodologist:
- On the seminar of Chief accountants club we discussed the topic “Complex issues of calculation of temporary disability, maternity and child care benefits”. The relevance of this topic is determined, on the one hand, by a great number of changes in the RF legislation that caused the new scheme of calculation of temporary disability, maternity and child care benefits. On the other hand, the control of SIF on the documents’ formalization and the amount of payments of child care leaves and benefits was significantly tightened. In the environment when employers  faced the necessity to perform new duties of presenting data about employees’ income for benefits calculation in 2011, this topic is of great interest for financial directors and chief accountants of organizations.