Knowledge of these five areas of wage and hour law is critical for payroll professionals:
- 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.
A marathon, six-hour training session on April 8 from GlobalCompliancePanel, a leading provider of professional training for all the areas of regulatory compliance, will explain these at depth, so that payroll professionals can understand how to implement these and stay compliant with the law. This knowledge also helps them to protect their company from potential financial disasters.
Vicki M. Lambert, president and academic director of The Payroll Advisor™, will be the expert at this session. Kindly visit Globalcompliancepanel to register for this highly important learning on payroll.
Aimed at offering valuable benefits to professionals related to payroll, such as 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, or any individual or entity that must deal with the complexities and requirements of Payroll compliance issues; this session will impart its learning agenda in the following manner:
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
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About the expert: Ms. Lambert conceived of, created the teaching and student manual, and coordinated the program for the certificate in Payroll Practice and Management that has been offered on site through the Extended Education Offices of a few universities.
With nearly 40 years of hands-on experience in all facets of payroll functions as well as over three decades as a trainer and author, Ms. Lambert has become the most sought-after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States that have been attended by executives and professionals from some of the most prestigious firms in business today.
A pioneer in electronic and online education, Ms. Lambert produces and presents payroll related audio seminars, webinars and webcasts for clients, APA chapters and business groups throughout the country. Ms. Lambert is an adjunct faculty member at Brandman University in Southern California and is the creator of and instructor for their Practical Payroll Online program, which is approved for recertification hours by the APA.
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