Market Areas > Corporate Finance >Calculating Overtime

Calculating Overtime: Exposing FLSA and DOL Wage and Hour Hot Spots

Course Description:

The DOL has turned up the heat on overtime violations.  In fact, they recently slammed one California company with a $580 million verdict.

And it looks like the DOL’s Wage and Hour Division will be busy in 2012.  With an additional 90 investigators on the street and an increased budget of $244 million specifically for exposing wage and hour violations – you’ve got to find and fix those overtime errors before agency investigators come knocking on your door.

But calculating overtime is simple, right? It’s just time and a half!  Not so fast. 

Calculating overtime is a multistep process that’s based on the employee's "regular rate” of pay, which isn't necessarily the same thing as his or her hourly rate. 

To get it right, the regular rate might need to be recalculated often – maybe even weekly – and it must be based on all pay the employee received, including the reasonable cost of meals, lodging, nondiscretionary bonuses, on-call pay, shift differentials, cash benefit payments from Section 125 Cafeteria Plans, the list goes on…

Course Highlights:

This comprehensive, yet easy-to-understand program highlights those “hot spots” – the areas where employers are prone to make overtime mistakes –  and guides you through how to calculate overtime payments correctly, including: 

• How to calculate the regular rate of pay
• The eight narrowly construed exceptions to inclusion of 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 get the answers to your most pressing questions in the live Q&A session following the presentation.

Faculty:

Vicki M. Lambert, CPP, Founder and Director, “The Payroll Advisor”

Vicki M. Lambert, CPP “The Payroll Advisor” is Founder and Director of www.thepayrolladvisor.com  a website that provides unique and expert services for lawmakers, attorneys, media organizations, businesses, individuals or any entity that must deal with the complexities and technicalities of the payroll process. 

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 every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Unable to Attend?  Order the CD!
Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

APPROVED FOR RECERTIFICATION CREDIT:

	Receive 1.5 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI)! For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org.
	APA Approved Provider: Receive 1.5 RCH by attending!
	Center for Competitive Management is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPESponsors. State boards of accountancy have final authority on the acceptance of individual courses forCPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

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