handling-unclaimed-or-abandoned-wages-2020

Handling Unclaimed or Abandoned Wages 2020

certification logo21353        certification logo21354       

Live Webinar | CEU Approved

  • 90 minutes

It is every employer’s responsibility to identify which pay checks have remained unclaimed by employees and to turn over these “unclaimed wages” to the appropriate state annually.  But most employers are unaware of this requirement and are equally unaware of the penalties, fines and especially interest that can be levied against such employers by the state. This webinar explains when wages are considered abandoned, how to track and submit these checks to the appropriate state and how to perform the required due diligence.

In this session with expert Vicki Lambert, learn how to avoid huge penalties, fines, and interest in payroll by correctly identifying all unclaimed wages, and report and remit them each year to the proper authorities.

Session Highlights:

  • When are wages considered abandoned?

  • What laws or regulations cover unclaimed wages?

  • What is payroll’s responsibility relating to abandoned wages?

  • What processes to take to correctly report and remit unclaimed wages

  • Liability issues—what do you do if you have an outside payroll service

  • How to establish proper procedures for tracking unclaimed wages correspondence to comply with due diligence requirements

  • How to safeguard unclaimed wages from unauthorized and improper release

  • The importance of written procedures

  • Steps to surviving an audit

Why You Should Attend:

It is every employer’s responsibility to identify which paychecks have remained unclaimed by employees and to turn over these “unclaimed wages” to the appropriate state annually. But most employers are unaware of this requirement and are equally unaware of the penalties, fines and especially interest that can be levied against such employers by the state. This webinar explains when wages are considered abandoned, how to track and submit these checks to the appropriate state and how to perform the required due diligence.


Who Should Attend:

  • Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel

  • Human Resources Executives/Managers/Administrators

  • Accounting Personnel

  • Business Owners/Executive Officers/Operations and Departmental Managers

  • Lawmakers

  • Attorneys/Legal Professionals

  • Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues





*You may ask your Question directly to our expert during the Q&A session.

** You can buy On-Demand and view it at your convenience

Vicki  Lambert

Vicki Lambert

Vicki M. Lambert, CPP, is President and Academic Director of The Payroll Advisor™, a firm specializing in payroll education and training. The company offers a payroll news service which keeps payroll professionals up-to-date on the latest rules and regulations. 

With over 35 years of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, Ms. Lambert has become the most sought-after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States that have been attended by executives and professionals from some of the most prestigious firms in business today.

A pioneer in electronic and online education, Ms. Lambert produces and presents payroll related audio seminars, webinars and webcasts for clients, APA chapters and business groups throughout the country. Ms. Lambert is an adjunct faculty member at Brandman University in Southern California and is the creator of and instructor for their Practical Payroll Online program, which is approved for recertification hours by the APA. She is also the Program Developer, Subject Matter Expert (SME), and Facilitator for the Certificate in Payroll Practice and Management Program offered by Cengage Learning / Ed2Go through hundreds of colleges and universities across the country.

No Reviews Found


Edupliance is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.



This webinar has been approved for 1.5 HR (General) recertification credit hours toward California, GPHR, HRBP, HRMP, PHR, and SPHR recertification through the HR Certification Institute. The use of this seal is not an endorsement by the HR Certification Institute of the quality of the activity. It means that this activity has met the HR Certification Institute’s criteria to be pre-approved for recertification credit.

Want to attend in a Group? Call 844-810-1151 and Save upto 50%

Share this course with a friend
           

We Also Recommend

HR & Payroll

Payroll and Form W-4 Update

JASON DINESEN
(Speaker)
Date:
Jun 01, 2020 - Jun 30, 2020
Start Time:
08:00 AM (ET) | 05:00 AM (PT)
Duration:
60 minutes

Newsletter

Get Notified about News, Webinars, Community & More