Payroll Rules & Administration Made Simple, Includes review & implementation of new overtime rules

Key Take Away:
Simple understanding of rules and administration of Payroll to include: 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. Summary aspects of Dept of Labor new overtime rules.

Overview:
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 is 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.

Areas Covered in the Session:
•  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 of exempt and non-exempt under FLSA rules
•  Achieving perfection and prevention consistent with the implementation of FLSA rules The overall goal of perfection and prevention in payroll administration
•  Identifying workers as contractors vs. employees
•  Identifying employees as exempt from overtime using FLSA rules in the categories of
•  Executive
•  Administration

Speaker:
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.

Others Details

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