Virtual Payroll Boot Camp: Gain Crucial Insights into 5 Key Areas of Wage & Hour Law

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Sep 16, 2020, 18:15 ET

DUBLIN, Sept. 16, 2020 /PRNewswire/ -- The "6-Hour Virtual Seminar on Payroll Virtual Boot Camp: Wage & Hour" webinar has been added to ResearchAndMarkets.com's offering.

This webinar concentrates on five areas of wage and hour law: paying exempt employees, calculating gross wages under the FLSA, deducting from an employee's wages, the nuts and bolts of physically paying employees and changing payroll frequencies.

Why you should attend

Join renowned payroll expert Vicki M. Lambert, CPP for this 5 and one-half hour 'Boot Camp' format, Wage and Hour Training for Payroll Professionals! By knowing and understanding Wage and Hour requirements, you can help protect your company from what could be a major financial calamity.

This includes not only how to do the basic math of calculating overtime (using the required FLSA method) but what hours must be paid for, what payment methods are legal in which states, how soon to pay an employee after closing out the timecard, and making sure exempt employees are paid on a 'salary basis'.

Learning objectives

Gained knowledge of and skills in federal and applicable state wage and hour law as it pertains to payroll preparation
An understanding of the proper calculation of gross pay
And understand of the proper calculation of overtime pay
A sound knowledge of the terminology used by the FLSA as it pertains to calculating overtime and hours worked
Basic understanding what is considered hours worked
Gained knowledge of when an employee must be given a lunch and when an employer may dock for meal periods
Knowledge of the requirements for paying employees including pay frequencies permitted and methods allowed under state laws
Gained knowledge in paying exempt employees properly
The basic understanding of what must be included on a paystub
A basic understanding of what is required when changing a payroll frequency

Who Should Attend:

Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
Human Resources Executives/Managers/Administrators
Accounting Personnel
Business Owners/Executive Officers/Operations and Departmental Managers
Lawmakers
Attorneys/Legal Professionals
Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues

Key Topics Covered:

Hour One: Paying Exempt Employees

What is exempt-exactly?
What are the categories of exempt employees?
What is the salary level test-beginning in 2020?
What is salary basis?
When you can and when you cannot dock the pay of an exempt employee

Hour Two: Wage and Hour Compliance-Its Overtime and Much More!

Federal minimum wage
state minimum wage
credits against minimum wage
Youth minimum wage (training wage)
Board and lodging credits
Defining the legal work week and workday
What is considered hours worked and how do they affect overtime
What is regular rate of pay? Do new 2020 DOL regulations change this definition?
How is overtime calculated under the FLSA
Posting requirements
Meal and rest periods
Where do the states stand?

Hour Three: Deducting from an Employee's Paycheck

Taxes-which are mandatory, which are a courtesy, and which ones the employee controls
Child support-the limits but not beyond
Tax levies-federal and state
Creditor garnishments-how many can you honor and how often
Voluntary wage assignments for "payday loans"-when are they required to be honored
Handling fringe benefits such as health insurance or group term life
Uniforms-when the employer pays for it and when the employee furnishes it
Meals-when they become part of the employee's wages
Lodging-when it is part of the employee's wages and when is it a perk
Shortages-the employee came up short so they have to cover that right?
Breakage-you broke it so you have to pay for it, legal or not
Overpayments-the employee was overpaid so you can just take the money back or can you?
Advanced vacation pay-the employee knows the vacation hours were advanced so we can take them back when the employee quits can't we?

Hour Four: The Nuts and Bolts of Physically Paying an Employee

Required payroll notices to new hires
Frequency of wage payments
Paystub regulations
Lag time between closing the payroll and distributing the check
Pay date rules
Payment methods permitted by state including cash, check, direct deposit and paycards
Statements and payday notices
Paying terminated employees
Paying out accrued vacation

Hour Five: Changing Payroll Frequencies

Understanding the need for the change
The choices available
Compliance issues involved
The change's impact on payroll
The change's impact on employees
The change's impact on systems and procedures
Key communication factors to include at all stages of the change
Formulating the plan to implement the change
Testing the change before implementation
Implementation and the outcome

For more information about this webinar visit https://www.researchandmarkets.com/r/9igzd5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets