Payroll Rules & Administration Made Simple: Proper Classification & Payment of Employees & Contractors

Recorded Session
75 Minutes
xmas1

Hurry, limited period offer!

Independence Day Sale

Apply Coupon Code JULY4 to avail 10% Discount

Join this session by expert speaker Carl Young to understand the complete context of payroll rules and administration made simple. It starts with the basic classification of workers properly classified as Contractors or Workers. A simple understanding of rules and administration of Payroll to include: Determining Employees vs. Contractors, Guidelines & payment of Contractors. Definition of workers as either Employees or Contractors and the governing guidelines of determination. Specific IRS criteria are established for Contractors. Employees are identified as Exempt or non-exempt, proper payment of Exempts & Non-exempts, proper payment of overtime and bonuses explored as per the guidelines of the FLSA Fair Labor Standards Act. All relevant payroll laws, guidelines, and policies were examined to ensure proper classification and payment of all workers.

WHY SHOULD YOU ATTEND?

Payroll is the most important aspect of any business. It leads to employee morale. It must be perfect and comply with all the rules and established policies. This webinar examines all the payroll rules of the FLSA and how to implement them to achieve perfection. It further outlines policies needed by companies to augment FLSA rules & policies. It is a simple approach to payroll rules and administration guaranteed to give attendees a good working knowledge of payroll rules & administration in simple to understand and apply tools & techniques. 

LEARNING OBJECTIVES

  • 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
    • Professional
    • Computer Professionals
    • Sales
  • Salary and duties test under FLSA for exempt employees
  • The value of the job description and its proper preparation
  • Consideration of record-keeping, accounting & reporting, policies & procedures
  • Proper payment to newly classified exempt and those that by default fall into the non-exempt category
  • How to handle non-discretionary bonuses consistent with paying overtime and the new overtime rules
  • Achieving perfection & prevention in payroll consistent with new rules

WHO WILL BENEFIT?

  • HR Personnel
  • PR Personnel
  • Supervisors
  • Managers
  • Controllers
  • Planning & Budgeting Professionals
  • All positions involved in personnel or payroll administration and the supervision of personnel

Payroll is the most important aspect of any business. It leads to employee morale. It must be perfect and comply with all the rules and established policies. This webinar examines all the payroll rules of the FLSA and how to implement them to achieve perfection. It further outlines policies needed by companies to augment FLSA rules & policies. It is a simple approach to payroll rules and administration guaranteed to give attendees a good working knowledge of payroll rules & administration in simple to understand and apply tools & techniques. 

  • 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
    • Professional
    • Computer Professionals
    • Sales
  • Salary and duties test under FLSA for exempt employees
  • The value of the job description and its proper preparation
  • Consideration of record-keeping, accounting & reporting, policies & procedures
  • Proper payment to newly classified exempt and those that by default fall into the non-exempt category
  • How to handle non-discretionary bonuses consistent with paying overtime and the new overtime rules
  • Achieving perfection & prevention in payroll consistent with new rules
  • HR Personnel
  • PR Personnel
  • Supervisors
  • Managers
  • Controllers
  • Planning & Budgeting Professionals
  • All positions involved in personnel or payroll administration and the supervision of personnel

This webinar is on hold for future date. If you are interested in this webinar,
Please contact our customer care team 510-868-1040.

Speaker Profile

ins_img Carl Young

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. Carl is a member of the following organizations: American Society of Corporate Controllers, Council of Experts (investment firm …

Upcoming Webinars