IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Tips for Calculating a Regular Rate of Pay For Your Employees (OnDemand Webinar)

$149.00

SKU: 410826EAU

Description

Ensure you’re compliant with employee wage payments and avoid back pay, wage and hour violations, and other consequences.One of the most common United States Department of Labor (USDOL) wage and hour violations is the incorrect payment of overtime wages. The USDOL reports that, in 2022, an average of 1,393 in back wages was collected for each employee. Back wages are not the only impact of incorrect overtime calculations. Also impacted are tax payments, benefits, reporting, etc. The impact of paying employees incorrectly is farreaching and expensive. Payment of wages is more complicated than the hourly rate multiplied by hours worked. If you offer shift differentials, health insurance optout money, and bonuses for production, attendance, and oncall time the calculation of the overtime rate of pay becomes more complicated. This presentation will provide you with the information and understanding you need to ensure your compliance with employee wage payments and avoid back pay, wage and hour violations, and other consequences of incorrect wage payments.

Date: 2023-09-28 Start Time: End Time:

Learning Objectives

Compensable vs Non-Compensable Time
• Define Compensable Time
• Define Donning and Doffing Time
• Review of Waiting Time, Rest Breaks, Training, Travel, and Other Types of Employee Engagement

Discretionary vs Non-Discretionary Payments
• Define a Discretionary Bonus
• Define a Non-Discretionary Bonus

Base Rate, Regular Rate and Premium Rate
• Define Base Rate
• Define Regular Rate • What Does It Include and Exclude?
• Define Premium Rate
• Calculation Example

Best Practices and Options
• Options to Make the Calculation Easier

AIPB ,CPP/FPC ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,HR Certification Institute ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Tricia Richardson, CPP, SPHR, SHRM-SCP-Purposed Payroll Professional

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Tips for Calculating a Regular Rate of Pay For Your Employees (OnDemand Webinar)

$199.00

SKU: 406030EAU

Description

Incorrectly calculating and paying overtime can result in extensive financial liability for employer.
To minimize the risk of liability, it is imperative that employers understand who is entitled to overtime and how to correctly calculate the overtime pay rate. The overtime rate is based on the employee’s regular rate. In this topic, you will learn what types of compensation are included in the regular rate and how to calculate the regular rate for nonexempt salaried, hourly, commissioned, or piece rate employees, as well as for employees paid more than one rate or receiving bonus payments. Learn tips to protect the company and address an investigation or employee complaints regarding overtime and pay.

Date: 2019-08-16 Start Time: End Time:

Learning Objectives

Exempt vs. Non-Exempt Employees and Pay Methods
• White Collar Exemptions
• Salaried Non-Exempt Employees
• Methods of Pay
• Hourly
• Salary
• Commission
• Piece Rate

Compensation Included in the Regular Rate
• Bonuses • Discretionary vs. Nondiscretionary
• Housing or Meals
• On-Call, Call Back, and Other Premium Pay

Calculating the Regular Rate of Pay
• Two or More Rates of Pay
• Piece Rate
• Salaried • Fluctuating Work Week vs. Fixed Work Week
• Commissions
• Tipped Employees

Handling Complaints by Employees or DOL Audits
• Responding to Employee Concerns
• Responding to DOL Investigations

No Credit Available

Heidi Nunn-Gilman-Gammage & Burnham, PLC, Julie A. Pace – Gammage & Burnham, PLC