This is the second of a two-part webinar that will help you better understand the sometimes confounding requirements and procedures involved in overtime calculation. The truth is that overtime rules and the mathematics required to arrive at the correct calculation can be extremely tricky.
Penalties for overtime violations can be severe with the possibility of fines, imprisonment or both! Add civil suits to the mix and the results can be devastating to any business no matter how large or small! And just to make it interesting, most states use the same definition to calculate overtime as the FLSA does. So one error can earn you double the penalties. That’s where ‘Paying Overtime Under the FLSA Part-2’ comes in.
You Will Learn
- Calculating under both the FLSA and alternate method when no bonus is involved
- Comparing the FLSA method and the Alternate method when a bonus is involved and why using the Alternate method will result in fines, penalties and interest
- Calculating under the FLSA method when a bonus is involved and paid in the same workweek as earned
- Calculating under the FLSA method when a bonus covers more than one workweek
- Calculating overtime when more than one rate of pay is involved
- Calculating overtime for employees paid on piece work and commissions
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About the Speaker
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’s website www.thepayrolladvisor.com 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 instructor for the American Payroll Association’s “PayTrain” online program also offered by Brandman University.
Register for the Webinar – Brought to you by Ascentis
Here is Part-1 of the session in case you missed it