Payroll Administration Made Simple: Employee Classification, Record-Keeping, New 2020 Overtime Rules and More
OVERVIEW
This webinar covers the complete context of payroll rules and administration made simple. It starts with the basic classification of workers
properly as Contractors or Workers. Rules for payment and administration of
contractors is outlined. FLSA exempt and nonexempt employee rules, and rules
for payments to exempt and nonexempt employees are also examined.
Overtime rules are outlined for nonexempt employees in addition
to record keeping & reporting for all employees.
Webinar stresses that employee payroll administration is only
accepted if perfect. Achieving perfection in the payroll policies and
procedures is the overall theme of this webinar. Special attention is paid to
the understanding & implementation of the Dept. of Labor’s newly
proposed overtime rules. New rules will require complete review of all jobs
& descriptions, policies & procedures & handbooks. More employees
will be eligible for overtime causing an increase in administration and costs.
This major implementation will also have cultural impact as
employees must be moved to different classifications for compliance.
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| Payroll Administration |
WHY SHOULD YOU ATTEND
Payroll is most important aspect of any business. It leads to
employee morale. It must be perfect and compliant with all the payroll rules
and regulations. This webinar examines all the payroll rules of the FLSA and
how to implement them to achieve perfection. It is a simple approach to payroll
rules and administration which guarantees to give attendees a good working
knowledge of payroll rules & administration in simple to understand and
apply tools & techniques.
AREAS COVERED
- Proper classification of workers as contractors or
employees
- Proper classification of employees as exempt or
nonexempt under new payroll new overtime rules 2020
- Importance of job description in implementation of new
rules
- Proper implementation of FLSA rules
- Proper payment under FLSA exempt and nonexempt employee
rules
- Achieving perfection and prevention consistent with the
implementation of FLSA rules
- The overall goal of perfection and prevention in
payroll administration
- Identifying workers as contractors vs. employees
- Identifying employees as exempt from overtime using
FLSA rules in the categories of
- Executive
- Administration
- Professional
- Computer professionals
- Outside Sales Professionals
- Salary and duties test under FLSA rules for exempt
employees
- The value of the job description and its proper
preparation
- Consideration of record-keeping, accounting &
reporting, policies & procedures
- Proper payment to newly classified exempt and those
that by default fall to the nonexempt category
- How to handle non-discretionary bonuses consistent with
paying overtime and the new overtime rules
- Achieving perfection & prevention in payroll
consistent with new rules
- New overtime rules that are being proposed
- Possible reclassification of employees from exempt to
non-exempt based on the salary threshold
- Companies must understand and implement these new rules
- This
webinar covers a review & implementation of these new rules
- Specific review, understanding & implementation of
the Dept of Labor new propose overtime rules are covered to provide a
perfect path to compliance
LEARNING OBJECTIVES
Simple understanding of rules and administration of Payroll
including determining employees vs. contractors, guidelines & payment of
contractors, definition of employees as exempt or non-exempt, proper payment of
exempts & non-exempts, proper payment of overtime and bonuses, summary
aspects of Dept. of Labor new overtime rules.
WHO WILL BENEFIT
- HR Personnel
- PR Personnel
- Supervisors
- Managers
- Controllers
- Planning & Budgeting Professionals
- All positions involved in personnel or payroll
administration and the supervision of personnel
Use Promo Code MKT10N and get flat 10% discount on all purchases
To Register (or) for more details 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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