If you’ve been considering payroll courses in Toronto, you should know that accounting is currently one of the most promising paths for those who are looking to ditch their jobs in favor of stable and rewarding careers. In addition to handling routine payments for employees, accountants can assist companies with their taxes, invoicing, accounts payable and more. Best of all, there are countless environments in which these service can be performed. Following are the top five benefits that can be gained by entering this field.
More Companies Are Opting To Outsource Their Payroll
With an ever increasing focus on creating lean commercial operations, more companies are opting to outsource their payroll duties in lieu of hiring salaried employees. As a result, the accounting industry is booming. Moreover, businesses will always need workers to keep their proverbial wheels turning and workers will always need to get paid. Thus, there is certainly no projected shortage of job opportunities for skilled payroll professionals. In fact, according to the Bureau of Labor and Statistics, the accounting industry is expected to have a job growth rate of 13.1% between 2015 and 2022.
Start Your Own Company
With outsourcing becoming a major trend, it is currently possible for trained payroll professionals to start their own small-sized businesses with ease. There are even a number of free and low-cost resource that can assist with these efforts. Thus, not only is completing this training a great way to land a stable and secure career in the traditional work environment, but it is also one of the surest strategies for starting up a lucrative business. Given the fast and seamless way in which payroll documents can be digitally shared, online payroll companies can service clients in their local areas or offer their services to firms throughout the world.
Have A Clear Vision For The Future
Companies like the Academy of Learning offer a number of programs that help adults establish solid career paths at all stages of development. Young adults who are just starting out can get certified to work in accounting professions in half the time and at a mere fraction of the cost of attending a traditional, four-year university. Older adults who are seeking more income, impressive benefits packages and more marketable skills can revamp their resumes within just a matter of months. In fact, payroll classes can even be advantageous to professionals who are already in their preferred work environments. These courses are a great addition to self-managed or company-sponsored professional development plans.
This type of training is even flexible enough to be completed while working a full or part-time job and juggling familial responsibilities. This is one of the top reasons why accounting careers are highly preferred among adults who are seeking career change. The requirements for obtaining certification are modest and the related training for an entry level position can often be completed in one to two years.
Potential For Growth
In addition to being in high demand, certified accountants have ample opportunity for growth. Progression often occurs rapidly in this field, especially for those who are committed to furthering their educations. While a trained payroll professional might start out at a relatively modest salary and with the sole duty of handling employee payments, this same individual could have a supervisory position within just a matter of years.