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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.
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.
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