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 are 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. Special attention is paid to the understanding & implementation of the Dept of Labor’s new proposed overtime rules. New Rules will require a complete review of all jobs & descriptions, policies, procedures and handbooks. More employees will be eligible for overtime causing an increase in administration and costs. This major implementation will also have a cultural impact as employees must be moved to different classifications for compliance.
