Webinar on Calculating Overtime Correctly Under The Fair Labor Standards Act

OVERVIEW:

Every employer knows the basic premise you have to pay time and a half for all hours worked over forty in a workweek. As simple as this sounds, there are many legal issues regarding how to calculate overtime correctly that can trap the unwary. No employer gets it right all time. As a result, FLSA litigation has exploded over the years. Suits are usually brought through class or collective actions making them very costly Don't let your company be the next one sued!

Product Id : 701575
Instructor: Susan Fahey Desmond

Why should you attend:

Lawsuits under the Fair Labor Standards Act have reached an all-time high. The Department of Labor estimates that 87% of all employers are not in compliance with their obligations to pay overtime to non-exempt workers.

 

In addition to misclassification issues, employers fail to recognize what time must be compensated and then how to calculate how much is owed when the employee works overtime. The use of personal digital devices and the growing popularity of telecommuting has made this task even more difficult.

Areas Covered in the Session:

• How to define your workweek
• What is compensable working time?
• How to determine the regular rate of pay
• Determining when bonuses must be in the regular rate
• How to pay employees who work at different rates
• Using salary coefficient to pay workers
• Using 7(k) exemption to pay workers
• When you can use compensatory time

Who Will Benefit:

• Human Resource Managers
• Company Owners
• Chief Financial Officers
• Payroll Clerks

IMPORTANT DATES:

Tuesday, January 17, 2017 | 10:00 AM PST | 01:00 PM EST

Duration: 60 Minutes

Others Details

For more details and updates please visit website