Market Areas > Corporate Finance > Calculating Overtime

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How to Calculate Overtime Pay

Course Description:

Are your employees (past and present) owed back wages? 

The Department of Labor’s been busy this year:

• $1.9 million in fines and back wages for H-1B violations for 163 Peri Software Solutions.
• Workers.
• $1.8 million in back wages for more than 500 employees of MT Transportation & Logistics Services Inc.
• $1 million in overtime back wages for 154 Hurricane Katrina recovery workers

A single violation could cost you up to $10,000 in fines. A second conviction, imprisonment and if you wind up in a civil suit it could cost you millions! Can you really afford even one incorrect calculation?

But calculating overtime is simple, right? It’s just time and a half!

Not so fast.  Overtime is based on the regular rate of pay, and calculating the regular rate of pay is more complex than it appears.  There’s 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…

And that’s just the regular rate – we haven’t even touched overtime yet! Overwhelmed?

Learn how to calculate overtime payments correctly, the first time and every time in this practical CCM teleconference.  By the end of this interactive session, you’ll know:

• 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

Featured Faculty:

Vicki M. Lambert, CPP, Certified Payroll Manager, President and Academic Director of Vicki M. Lambert, LLC

Vicki M. Lambert, CPP, Certified Payroll Manager 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.

Ms. Lambert is also the host of “The Payroll Hour” a weekly payroll centric radio program broadcast worldwide from Las Vegas, Nevada on Vegas All Net Radio.  The show can be accessed on the internet at www.vegasallnetradio.com.

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:

Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

CEU:

	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. "The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute’s criteria to be pre-approved for recertification credit."
	APA Approved Provider: Receive 1.5 RCH by attending!
	Receive 1.5 CPE credits by attending the live Audio Conference! CCM is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org Program Level: Intermediate Prerequisites: This course is for participants with some exposure to the subject. Advanced Preparation: None Delivery: Group Live CPE Credits: 1.5 Recordings of the program do not qualify for CPE credits. For more information regarding administrative policies such as complaint and refund, please contact our offices at 877-900-C4CM (2426).

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