COURSE DESCRIPTION: Calculating overtime seems simple on the surface. But anyone who’s ever been through the exercise knows that it’s way more complex than it seems. In fact, even experience payroll professionals get it wrong more than they’d care to admit. Proof: Last year the Department of Labor made U.S. companies pay out more than $100 million in back wages – and experts estimate that’s just the tip of the iceberg.
What makes this even scarier is that a single violation could cost you up to $10,000 in fines – not to mention the huge payout that could result from a wage-related lawsuit.
The bottom line: You have to get it right EVERY TIME.
In this 60-minute program, nationally recognized payroll expert Vicki Lambert will cover the right way to calculate overtime. You’ll learn how to avoid the common pitfalls involved in the process to avoid potentially devastating DOL penalties and civil law suits.
Participants will learn:
- How to calculate the regular rate of pay
- The eight narrowly construed exceptions to inclusion of payments in the regular rate
- When you must include a bonus in calculating your employee’s overtime pay
- How to handle overtime calculations once you've determined that a bonus qualifies as includable wages
- How to calculate the overtime premium
- When and how to use the “fluctuating workweek” method
Plus, you’ll have the chance to ask Vicki your most pressing questions in the live Q&A session following the presentation.
ABOUT THE SPEAKER: Vicki M. Lambert, CPP, is President and Academic Director of Vicki M. Lambert, LLC a firm specializing in payroll education and training. Ms. Lambert has a Bachelor’s degree, Magna Cum Laude in Business Administration and is a Certified Payroll Professional with over 30 years of multi-state payroll experience. Ms. Lambert has lectured extensively throughout the United States on payroll administration and compliance issues for clients that include ADP, CCH Incorporated, Ceridian Employer Services, Fox Studios, County of Riverside, Sun Microsystems and others. She has authored, co-authored or edited numerous payroll publications and newsletters.
 MONEY-BACK GUARANTEE: We're so confident you'll get what you want out of this conference that we'll refund your full fee if you're not satisfied. It's risk-free.
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