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:

https://bit.ly/2PaCley

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