The DOL has published the new salary levels that will be finalized on May 21st, 2019…are you ready? Improper exempt worker classification and non-compliance with regulations pertaining to them generate some of the largest back pay awards and fines ever recorded. Penalties and back wages are computed with the same formula for all companies--large or small. Exempt employee classification and compliance infractions can be devastating or ruinous to any employer.
And although payroll rarely makes the decision on which employee is classified as exempt it is critical that they understand the regulations regarding how the determination should be made. And it is even more critical that the payroll department understand and apply the strict rules for paying employees who are classified as exempt. The department must ensure that all exempt employees are paid on a salary basis and that no exempt employee’s wages are docked improperly. The current Secretary of Labor is expected to approve the new rules after May 21, 2019! It is crucial to remember the penalties for errors apply to both the classification of the worker and the actual payment of salaries when it comes to exempt employees. More importantly, the penalties are applied to all workers in the same job classification under the same manager when a mistake is made on paying an exempt employee not just the one worker who was paid incorrectly.
Join this session by expert speaker Vicki M. Lambert, where she will discuss the determination what deductions can be properly made from an exempt employee’s salary and which, if made, would violate the salary basis test and result in penalties for the employer.
Session Highlights:
What is exempt—exactly
What are the categories of exempt employees under the FLSA?
Examine the job duties test under the new rules!
What is the new bonus rule?
How is the highly compensated exemption applied?
Examine the latest from DOL on upgrading salary level tests for exempt employees!
What is salary basis?
When you can and when you cannot dock the pay of an exempt employee?
Where do the states stand on exempt?
Why You Should Attend:
The DOL has published the new salary levels that will be finalized on May 21st, 2019…are you ready? In this webinar we will discuss the four classification of exempt employees permitted under Department of Labor rules including executive, administrative, professional and outside sales. We will examine the salary level test including the upcoming new rules using bonuses to cover salary and the salary basis test.
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
Advanced Preparation: None
Program Level: Intermediate
Prerequisites: Basic knowledge of Overtime Rules
Field of Study: Accounting
*You may ask your Question directly to our expert during the Q&A session.
** You can buy On-Demand and view it as per your convenience.
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.
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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.
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Number of CPE Credits Awarded for This Course: 1.5 (Accounting - 1.5)
Delivery Method: Group Internet Based