Payroll Rules & Administration Made Simple



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.  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 processing is the overall theme of this webinar.


WHY SHOULD YOU ATTEND

Payroll is most important aspect of any business. It leads to employee morale. It must be perfect and comply with all the rules.  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 and guaranteed 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 non-exempt under new rules
  • Importance of job description in implementation of new rules
  • Proper implementation of FLSA rules
  • Proper payment of exempt and non-exempt under FLSA 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

Salary and duties test under FLSA 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 non-exempt 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


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


LEARNING OBJECTIVES

Simple understanding of rules and administration of Payroll that includes determining employees vs. contractors, guidelines & payment of contractors, definition of employees as exempt or non-exempt, proper payment of exempts &non-exempts, and proper payment of overtime and bonuses. It also includes summary aspects of FLSA Fair Labor Standards Act.

 

For more detail please click on this below link:

https://goo.gl/VNcZk2

 

Email: [email protected]

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

Speaker and Presenter Information

Carl Young is an Author, Speaker, Trainer, Consultant, and Coach.  He holds a MBA and completed graduate studies in Accounting and Taxation.  He is a former CFO of a 275M, high growth technology based company.  He has over 25 years of senior level business management experience.  In addition, he has over 25 years of training experience in finance, accounting and business management.  Former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of major consulting firm.

Relevant Government Agencies

Dept of Education


Event Type
Webcast


This event has no exhibitor/sponsor opportunities


When
Tue, Dec 12, 2017, 1:00pm - 2:15pm ET


Website
Click here to visit event website


Event Sponsors


Organizer
Training Doyens


Contact Event Organizer



Return to search results