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Webinar - World Conference Alerts

18 Mar 2020

18 Mar 2020


Payroll Rules & Administration Simplified - Review & Implementation of Policies, Procedures and New Overtime Rules     (26 Views)     

Event Serial No.-  WLD169528
Contact Person - Training Doyens
Event inquiry /Organizer email address -
Deadline for abstracts/proposals: 2020-03-18
Organized by: Training Doyens View more Conference
Topic Covered: Banking and finance Banking and finance , Management , Business , Human Resources , Marketing ,

About Event

OVERVIEW This webinar covers the complete context of payroll management system. It starts with the basic classification of workers as Contractors or Workers. Rules for payment and administration of contractors are outlined along with the 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 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 Employee payroll is the most important aspect of any business. It leads to employee morale. Payroll management system must be perfect and comply with all the payroll rules and regulations. This webinar examines all the FLSA overtime rule s and how to implement them to achieve perfection. It is a simple approach to payroll rules and administration, guaranteed to give attendees a good working knowledge of payroll policies and procedures 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 under FLSA exempt and non-exempt employee rules • Achieving perfection and prevention consistent with the implementation of FLSA overtime rule • Identifying employees as exempt from over-time using FLSA rules in the categories of • Executive • Administration • Professional • Computer professionals • Outside Sales Professionals • Salary and duties test under FLSA for ex-empt employees • 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 • Involves possible reclassification of employees from exempt to non-exempt based on the salary threshold LEARNING OBJECTIVES Get a simple understanding of the rules and administration of employee 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; and summary aspects of Dept. of Labor’s new overtime 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 SPEAKER Years of Experience: 33 years Areas of Expertise: Finance, Accounting and Business Management 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. Carl is a member of the following organizations: American Society of Corporate Controllers, Council of Experts investment firm Gersen&Lehrman, Society of Industry Leaders sponsored by Standard &Poors, and the National Association of Accountants. An engaging and entertaining speaker and trainer who draws from his experience as a former CFO to make relevant teaching points. Sessions are rich in content, lively, full of energy and include plenty of audience interaction. He has branded himself as Mr. Simplicity! His goal is to make finance and accounting relevant to non-financial professionals using tools and techniques that are simple to understand and apply. To Register or for more details please click on this below link: http:bit.ly2RVPkEP Email: Toll Free: 1-888-300-8494 Tel: 1-720-996-1616 Fax: 1-888-909-1882
Venue: Aurora,  Colorado,  United States of America

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