RECORDED TRAINING COURSE


Keeping up with the ever-changing regulations governing exempt workers can be a challenge. Improper exempt workers’ classification and non-compliance with regulations pertaining to exempt workers and non-exempt workers 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.

As an exempt employee, your compensation is typically based on a fixed salary rather than hourly wages.

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. 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. 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 in paying an exempt employee not just the one worker who was paid incorrectly.

Session Highlights:

  • What is exempt — exactly?
  • What are the categories of exempt employees or exempt workers under the FLSA?
  • Examine the job duties test.
  • What is the bonus rule?
  • How is the highly compensated exemption applied?
  • Examine the latest from DOL on upgrading salary level tests for exempt employees.
  • What is the salary basis?
  • When you can and when you cannot dock the pay of an exempt employee?

Why You Should Attend:

In this webinar, we’ll delve into the latest updates from the Department of Labor (DOL) regarding exempt and non-exempt employees. We will discuss the four classifications of exempt employees permitted under Department of Labor rules including executive, administrative, professional, and outside sales. We will examine the salary level test including rules for using bonuses to cover salary and the salary basis test. We will determine 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.

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

Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address.

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

Course Information

  • September 4, 2024
  • Available All Day
  • 90 Minutes
  • Vicki M. Lambert