Calculating Overtime for Nonexempt Employees Correctly under the FLSA
Description
The proper way to calculate overtime for nonexempt employees is sometimes a daunting process. Federal rules and regulations change often, and incorrect calculations can potentially lead to employer angst and even class-action lawsuits. The importance of being thorough and correct when calculating regular rate of pay to avoid potentially massive U.S. Labor Department penalties and class-action liabilities cannot be underestimated. This 90-minute interactive audio conference will highlight the major areas to look at when calculating overtime for nonexempt employees as well as tips and tricks to use to avoid potential problems in the future.
- 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 as part of wages in calculating your employee's overtime pay
- How to handle overtime calculations once you have determined that a bonus qualifies as includable wages
- How to calculate the overtime premium
- When and how to use the "fluctuating workweek" method
Recording Date
14 Jul 2010
Speakers
Vicki M. Lambert, CPP, is president and academic director of Vicki M. Lambert, LLC a firm specializing in payroll education and training. Also known as “The Payroll Advisor,” Ms. Lambert 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 graduated 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.
Presentation Materials
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