Calculating Overtime (2022 Updates)

Date: May 11, 2022
Time: 01:00 PM ET
Duration: 60 Minutes
Speaker: Dayna Reum
CEU Credits : 1.0 HRCI

$0.00

Description

Overtime and minimum wage has been a hot topic for the last several years, legislation almost went into in effect in 2017 but was stopped by several states coming forward with legal action. But new legislation was put into effect as of 1/1/2020, are you aware of the changes and are you in compliance with the new exempt requirements? Many states have also updated there overtime rules that are more generous to employees.  This webinar will explain how the balance the federal overtime rules with the state overtime rules. The most up to date Overtime requirements and review legislative attempts to make sure employers have the correct overtime calculation.

 

Session Highlights:

  • Federal and State Minimum wage review to include most up to date changes
  • Discussion on how companies should handle minimum wage for states with higher rates then federal.
  • Current legislative activity and what it means to employers
  • Review Federal Overtime Requirements
    • Exempt vs. non-exempt
    • Overtime Concerns
    • Regular Rate of Pay why it is important and how to calculate
  • State Overtime Requirements
    • State by State Review
  • Details of  federal regulation changes what are they and when do we as employers need to be ready
  • Impacts of changes to companies and best practices on how to handle them

 

Who should attend?

  • Payroll Professionals
  • Tax Professionals
  • Accountants
  • Controllers
  • Human Resource Professionals