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Complying with the Fair Labor Standards Act ? Exemptions and Overtime


Overview
This webinar on employee overtime calculation will help you understand what is "time worked", exempt versus non-exempt status and how to calculate your employee's overtime correctly so to avoid these costly suits
Why should you attend this webinar?
Lawsuits under the Fair Labor Standards Act have reached an all-time high. The Department of Labor estimates that 72% of all employers are not in compliance with their obligations to pay overtime to non-exempt workers. Even employers with the best intentions find themselves violating some aspect of the Fair Labor Standards Act. In addition to misclassification issues, employers fail to recognize what time must be compensated and then how to calculate how much is owed when the employee works overtime. The use of personal digital devices and the growing popularity of telecommuting have made this task even more difficult!

The Fair Labor Standards Act is designed to protect those that Congress felt were in an unequal bargaining position with the employer. While your employees may not complain that they are not being paid properly, a Department of Labor audit will force you to provide back pay for misclassifications or not calculating overtime correctly. This can wreak havoc on you budget. Are you prepared?
Areas Covered in the Session:
  • Determining whether your employees are exempt from overtime
  • How to define your workweek?
  • What is compensable working time?
  • How to determine the regular rate of pay?
  • Determining when bonuses must be in the regular rate
  • How to pay employees who work at different rates?
  • Using salary coefficient to pay workers.
Who can Benefit:
  • Human resource professionals
  • Inhouse counsel
  • chief financial officers
  • payroll clerks

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