Overview
This webinar will discuss how to tackle the latest compliance challenges stemming from miscalculations of pay, compensation planning practices, salary communication missteps, and more. We will focus on the DOL’s final rule providing clarification on how to determine employees’ regular rate of pay and what forms of payment employers can include and exclude in the overtime pay calculation
Under both the Fair Labor Standards Act (FLSA), and the California Labor Code the regular rate of pay is the rate an employer must use to pay overtime premiums to employees who work overtime hours.
The regular rate of pay can change from workweek to workweek because it must reflect the per-hour value of all compensation the employee has earned.
Why you should Attend
Although the Fair Labor Standards Act has been around a long time, it is one of the most frequently violated employment law - particularly in how to calculate overtime correctly.
Employers fail to recognize what hours must be compensated and how the working hours should be compensated. Improper calculations can lead to employees being underpaid or even being paid too much, which can lead to legal liability exposure.
Areas Covered in the Session
Who Will Benefit
This webinar will discuss how to tackle the latest compliance challenges stemming from miscalculations of pay, compensation planning practices, salary communication missteps, and more. We will focus on the DOL’s final rule providing clarification on how to determine employees’ regular rate of pay and what forms of payment employers can include and exclude in the overtime pay calculation
Under both the Fair Labor Standards Act (FLSA), and the California Labor Code the regular rate of pay is the rate an employer must use to pay overtime premiums to employees who work overtime hours.
The regular rate of pay can change from workweek to workweek because it must reflect the per-hour value of all compensation the employee has earned.
Why you should Attend
Although the Fair Labor Standards Act has been around a long time, it is one of the most frequently violated employment law - particularly in how to calculate overtime correctly.
Employers fail to recognize what hours must be compensated and how the working hours should be compensated. Improper calculations can lead to employees being underpaid or even being paid too much, which can lead to legal liability exposure.
Areas Covered in the Session
- What time is 'working time' and, therefore, must be used in an overtime calculation
- How commissions factor into overtime payments
- The rules that apply to fire protections and law enforcement personnel
- What to include when determining total compensation
- Legal methods of calculating the hourly rate
- Various legal methods of paying overtime that can save your company money
- Recordkeeping requirements
- How to 'fix' your errors when you discover they have been made
- How California rules for “rate of pay calculation” differ from the FLSA
Who Will Benefit
- HR Professionals
- Payroll Professionals
- Managers
- Supervisors
Speaker
Steven G. Meilleur, Ph.D., SPHR – is President, CEO – PRAXIS Management Solutions, LLC, a New Mexico-based management consulting firm specializing in human resources, employee relations, leadership, training & organizational development, organizational research and assessment, strategic & operational planning, and non-profit organization management and governance. Dr. Meilleur has more than 40 years of management and executive-level experience in human resources, risk management, and organizational management in the private non-profit public, and private for-profit sectors.Who Should Attend
- HR Professionals
- Payroll Professionals
- Managers
- Supervisors
