Taking the Guess Work out of Identifying and Paying Exempt Employees
OVERVIEW
Although
payroll rarely makes the decision on which employee is classified as exempt it
is critical that they understand the regulations regarding how the
determination should be made. And it is even more critical that the
payroll department understands exempt employee rights and applies strict rules
for paying employees who are classified as exempt. The department must ensure
that all exempt employees are paid on a salary basis and that no exempt
employee’s wages are docked improperly. The new salary level under the Obama
Administration has been ‘shot down’ by the courts but that doesn’t mean the
battle is over! The current Secretary of Labor has started the ball
rolling to review the salary level and the job duties tests. Where that will
lead is anybody’s guess but employers need to be ready for whatever comes!
Remember the penalties for errors apply to both the classification of the
worker and the actual payment of salaries when it comes to exempt employees.
More importantly the penalties are applied to all workers in the same job
classification under the same manager when a mistake is made on paying an
exempt employee not just the one worker who was paid incorrectly.
WHY
SHOULD YOU ATTEND
Improper
exempt worker classification and non-compliance with regulations pertaining to
them generate some of the largest back pay awards and fines ever
recorded. Penalties and back wages are computed with the same formula for
all companies--large or small. Exempt employee classification and compliance
infractions can be devastating or ruinous to any employer.
AREAS
COVERED
- What
is exempt employee vs. non-exempt employee —exactly
- What
are the categories of exempt employees under the FLSA and what are exempt
employee rights
- FLSA
exemption test 2018and what constitutes being an executive, administrative
or professional in terms of job duties
- Who
is actually considered outside sales
- How
is the highly compensated exemption applied
- The
latest from DOL on upgrading salary level and job duties tests for exempt
employees
- What
is salary basis
- When
you can and when you cannot dock the pay of an exempt employees
- Where
do the states stand on exempt
LEARNING
OBJECTIVES
In
this webinar we will discuss the concept of exempt employee vs. non-exempt
employee and the four classifications of exempt employees permitted under the
IRS Code including executive, administrative, professional and outside
sales. We will examine the salary level test and the salary basis test.
We will determine what deductions can be properly made from an exempt
employee’s salary and which, if made, would violate the salary basis test and
result in penalties for the employer.
WHO
WILL BENEFIT
- Payroll
Professionals
- Human
Resources
- Accounting
Personnel
- Business
Owners
- Lawmakers
- Attorneys,
or any individual or entity that must deal with the complexities and
technicalities of ensuring compliance within the payroll process
For
more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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