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Showing posts with the label new overtime law for salaried employees

DOL’s New Overtime Rules Explained: How the Changes Impact Your Organization in 2020 and Beyond

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OVERVIEW The United States Department of Labor released its new overtime exemption rules, and they went into effect on January 1, 2020. For many employers that means that many of the positions it had previously classified as exempt from overtime requirements will not be any longer – unless these employees receive a salary increase equal to or greater than the new salary threshold.  The 2020 federal labor law changes are expected to impact at least a million workers nationwide, and to result in a significant increase in the number of employees who will be eligible for overtime pay.  In this webinar we will discuss the newovertime rules, 2020. In particular we will discuss which jobs and which employers are likely to be impacted and what to do now in order to comply with the Fair Labor Standards Act. WHY SHOULD YOU ATTEND Wage and hour laws, including the new overtime law for salaried employees, are not on hold during the COVID-19 pandemic. Employers found in violation of...

Payroll regulations and processing: 2020 updates to perfect your system

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Payroll is the most important aspect of any business as it leads to employee morale and it must be perfect and comply with all the rules. Our upcoming webinar discusses the payroll rules and regulations of the FLSA and how to implement them to achieve perfection. The webinar covers the following key areas: ·        Proper classification of workers as contractors or employees ·        Importance of job description in implementation of new rules ·        Consideration of record keeping, accounting & reporting policies & procedures LEARNING OBJECTIVES Simple understanding of the 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 Department of Labor’...

Understanding Payroll Rules & Administration Including the DOL’s New Overtime Rules, Effective January 2020

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OVERVIEW This webinar covers the complete context of payroll rules and administration made simple. It starts with the basic classification of workers, properly classified as Contractors or Workers. Rules for payment and administration of Contractors is outlined. FLSA exempt and nonexempt employee rules . Rules for payments to exempt and non-exempt employees are examined. FLSA overtime rule updates are outlined for non-exempt employees in addition to record keeping & reporting for all employees. The webinar stresses that payroll administration is only accepted if perfect. Achieving perfection in payroll policies and procedures is the overall theme of this webinar. Special attention is paid to the understanding & implementation of the Department of Labor’s (DOL) new overtime rule, 2020. New Rules will require complete review of all jobs & descriptions, policies & procedures & handbooks. More employees will be eligible for overtime causing an increase in admini...

Perfect your payroll administration: 2020 updates on regulations

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Employee payroll is the most important aspect of any business as it leads to employee morale and payroll management system must be perfect and compliant with all the payroll rules and regulations. Our upcoming webinar discusses the rules and administration of employee payroll including determining employees vs.contractors, payment of contractors, proper payment of exempts &non-exempts, overtime rules and more . The webinar covers the following key areas: ·          Importance of job description in implementation of new FLSA rules ·          How to handle non-discretionary bonuses consistent with paying overtime ·          Identifying employees as exempt from overtime using FLSA rules LEARNING OBJECTIVES Get a simple understanding of the rules and administration of employee payroll including - determining employees vs. contractors, guidelines & ...

Payroll Rules & Administration Simplified - Review & Implementation of Policies, Procedures and New Overtime Rules effective 2020

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OVERVIEW This webinar covers the complete context of payroll management system .  It starts with the basic classification of workers as Contractors or Workers. Rules for payment and administration of contractors are outlined along with the rules for workers classified as “exempt” or “non-exempt” based on FLSA. Rules for payments to exempt and non-exempt employees are examined. Overtime rules are outlined for non-exempt employees in addition to record keeping & reporting for all employees. Webinar stresses that payroll administration is only accepted if perfect. Achieving perfection in 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 a...

Webinar on Payroll Administration Made Simple: Employee Classification, Record-Keeping, New 2020 Overtime Rules and More

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Payroll is the most important aspect of any business and it must be perfect and compliant with all the payroll rules and regulations . Our upcoming webinar discusses payroll rules and administration, including worker classification, latest updates, newly proposed overtime rules and more to help you make the payroll processing error-free and efficient. The webinar covers the following key areas: ·          Proper classification of employees as exempt or nonexempt under the new payroll overtime rules 2020 ·          Achieving perfection and prevention consistent with the implementation of FLSA rules ·          Consideration of record-keeping, accounting & reporting policies & procedures LEARNING OBJECTIVES Simple understanding of rules and administration of Payroll including determining employees vs. contractors, guidelines & payment of cont...

Payroll Administration Made Simple: Employee Classification, Record-Keeping, New 2020 Overtime Rules and More

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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 increas...