PAYROLL ACCOUNTING 2014
|
|
- Erik Ryan
- 6 years ago
- Views:
Transcription
1 Bernard J. Bieg and Judith A. Toland CHAPTER 2 PAYROLL ACCOUNTING Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or
2 COMPUTING WAGES & SALARIES Chapter 2 CHAPTER 2
3 Learning Objectives 1. Explain the major provisions of the Fair Labor Standards Act 2. Define hours worked 3. Describe the main types of records used to collect payroll data 4. Calculate regular and overtime pay 5. Identify distinctive compensation plans
4 What is Minimum Wage? Includes all rates of pay including, but not limited to Commissions Nondiscretionary bonuses and severance pay On-call or differential pay Discretionary bonus (one which is not agreed upon or promised before hand) is not included in an employee s regular rate of pay LO-1
5 What is Minimum Wage? (cont.) Other types of compensation not included in regular rate of pay include Gifts made as a reward for service Payments for a bona fide profit-sharing plan Vacation, holiday, sick day or jury duty pay Vehicle, tool or uniform allowances LO-1
6 Tipped Employees Tipped employee regularly average more than $30/month in tips Minimum tipped wages is $2.13/hour, therefore tip credit = $5.12/hour but may be calculated differently based upon state law Employee must make $7.25/hour when combining tips/wages ($7.25 x 40 = $290 minimum weekly gross) Tip credit remains the same for overtime pay calculation purposes LO-1
7 Tipped Employees (cont.) Examples of tips received for 40-hour workweek #1. Reported tips = $43 Is $85.20 (40 x $2.13 minimum tipped wage) + $43 > $290 - (No - so employer must pay additional wages of $290 - $43 = $247) #2. Reported tips = $1,189 Is $ $1,189 > $290 - (Yes so employer pays $85.20 wages) Note: states tip credit percentages may differ from federal law LO-1
8 Overtime Provisions & Exceptions Workweek established by corporate policy Must be seven consecutive 24-hour periods For example 12:01 a.m. Saturday - 11:59 p.m. Friday Some states require daily overtime (OT) over 8 hours (if state plan is more generous than FLSA, state law is followed) FLSA sets OT pay at 1.5 times regular pay LO-1
9 Overtime Provisions & Exceptions (cont.) Employer can require employees to work overtime Exceptions to the above are as follows Hospital employee, overtime for 80+ hours in 14 days or over 8 hours in a day (whichever is greatest) Retail or service industry employees earning commission (special rules) Employee receiving remedial education LO-1
10 Exempt vs. Nonexempt Employees Exempt means exempt from some, or all, of FLSA provisions White-collar workers as outlined in Figure 2-2 (p. 2-10) are exempt Executives, administrators, professionals Business owners, highly compensated employees Computer professionals and creative professionals Outside salespeople LO-1
11 Figure 2-2 Indications of Exempt Status LO-1
12 Exempt vs. Nonexempt Employees (cont.) Test of exemption means employee must meet primary duty requirements listed in Figure 2-2 Employee must be paid on salary basis at least $455/week Blue collar workers are always entitled to overtime pay includes police officers, EMTs, firefighters, paramedics and LPNs Note: Putting someone on salary doesn t mean he/she is exempt!! LO-1
13 Determining Employee s Work Time Principal activities require exertion, and are required by the employer and for the employer s benefit Prep at work station is principal activity and in some situations changing in/out of protective gear may be part of workday Travel (when part of principal workday) is compensable Idle time and wait time (waiting to provide employer s service) LO-2
14 Determining Employee s Work Time (cont.) Rest periods under 20 minutes are principal activities (can t make employee check out ) Meal periods are not compensable time unless employee must perform some tasks while eating generally 30 minutes or longer Work at home is principal activity for nonexempt employees Sleep time is principal activity if required to be on duty < 24 hours Training sessions (with certain caveats) Waiting for doctor s appointment on site LO-2
15 Records Used for Timekeeping FLSA requires certain time and pay records be kept Time sheets indicate arrival/departure time of employee Computerized time/attendance recording systems Card-generated systems use computerized time cards LO-3
16 Records Used for Timekeeping (cont.) Badge systems employ badges in conjunction with electronic time clocks Cardless and badgeless sytems require that an employee use their PIN number to process timekeeping PC-based system allows employee to clock in via computer Next generation technology includes touchscreen kiosks, web-based, biometrics and IVR (interactive voice response) LO-3
17 Computing Wages/Salaries Most common pay periods are as follows Biweekly (26) - 80 hours each pay period Semi-monthly (24) - different hours each pay period Monthly (12)- different hours each pay period Weekly (52) - 40 hours each pay period Employer may have different pay periods for different groups within same company! LO-4
18 Calculating Overtime Pay There are two methods Most common method Calculate gross pay (40 hours x employee s regular rate) OT rate then calculated by multiplying 1.5 x employee s regular rate x hours in excess of 40 LO-4
19 Calculating Overtime Pay (cont.) Other method Calculate gross pay (all hours worked x employee s regular rate) Then calculate an overtime premium (hours in excess of 40 x overtime premium rate) Hourly rate x ½ = *overtime premium rate These methods result in same total gross pay! LO-4
20 Salaried Nonexempt Employees - Fluctuating Workweek Employee and employer may forge an agreement that a fluctuating schedule on a fixed salary is acceptable Overtime is calculated by dividing normal salary by total hours worked Then an extra 0.5 overtime premium is paid for all hours worked over 40 LO-5
21 Salaried Nonexempt Employees - Fluctuating Workweek (cont.) or Can divide fixed salary by 40 hours gives different pay rate each week Then an extra 0.5 overtime premium is paid for all hours worked over 40 LO-5
22 Salaried Nonexempt Employees - Fluctuating Workweek (cont.) Alternative BELO Plan Appropriate for very irregular work schedule Deductions cannot be made for nondisciplinary absences Guaranteed compensation cannot be for more than 60 hours Calculate salary as wage rate multiplied by maximum number of hours and then add 50% for overtime LO-5
23 Piece Rate FLSA requires piecework earners to get paid for nonproductive time Must equal minimum wage with OT calculated one of two ways LO-5
24 Piece Rate (cont.) Method A Units produced x unit piece rate = regular earnings Regular earnings/total hours = hourly rate Hourly rate x 1/2 = OT premium Regular earnings + (OT premium x OT hours) = gross pay LO-5
25 Piece Rate (cont.) or Method B (Units produced in 40 hours x piece rate) + [(Units produced in OT) x (1.5 x piece rate)] Note: two methods don t give same results!! LO-5
26 Special Incentive Plans Special incentive plans are modifications of piece-rate plans Used to entice workers to produce more Computation of payroll is based on differing rates for differing quantities of production LO-5
27 Special Incentive Plans (cont.) Example of incentive plan: 0.18/unit for units inspected up to 2,000 units/week 0.24/unit for units inspected between 2,001-3,500 units/week 0.36/unit for units inspected over 3,500 units/week LO-5
Guide to Navigating the Proposed Overtime Regulations
Guide to Navigating the Proposed Overtime Regulations Table of Contents Section I Introduction 2 Section II The FLSA: Let s Get Back to Basics 3-6 -FLSA Coverage -Enterprise Rule -Individual Employee Coverage
More informationEXEMPT VS. NON-EXEMPT Identifying Employee Classification
EXEMPT VS. NON-EXEMPT Identifying Employee Classification Employee Classification Keeping it all straight The comptroller of a small company notices that her accounting clerk works a lot of overtime. In
More informationPaying Overtime Under the FLSA: Part 1. Presented on Wednesday, April 5, 2017
Paying Overtime Under the FLSA: Part 1 Presented on Wednesday, April 5, 2017 HOUSEKEEPING Credit Questions Topic Speaker HOUSEKEEPING Certificates delivered by email no later than 5/05/2017 Be watching
More informationThe Fair Labor Standards Act FLSA
The Fair Labor Standards Act FLSA hrconsulting@jwterrill.com Michelle Perris Human Resources Consultant Carol Emge Human Resources Consultant 1 Overtime updates will extend protections to 4.2 million workers
More informationNew Overtime Regulations and Common Wage and Hour Challenges
and Common Wage and Hour Challenges MOLLY CHERRY* OCTOBER 18, 2016 *Certified Labor and Employment Law Specialists OVERVIEW New Overtime Rule and Current Exemptions Options for Complying with Overtime
More informationPaying Overtime under the FLSA Part 1: The Rules and Regulations of Overtime under the FLSA Part 1
Paying Overtime under the FLSA Part 1: The Rules and Regulations of Overtime under the FLSA Part 1 Presented on Wednesday, August 31, 2016 1 2 Housekeeping 3 Credit Questions Today s topic Speaker To earn
More informationFLSA: Understanding Exempt and Nonexempt Overtime Regulations. Presented by Don Feltham
FLSA: Understanding Exempt and Nonexempt Overtime Regulations Presented by Don Feltham KEY ISSUES:» Changes effective December 1, 2016» FLSA overview» Exempt and nonexempt rules» Unique situations OVERVIEW
More informationTime to Talk Overtime. New Fair Labor Standards Act Rules and Some Existing Rules to Live By
Time to Talk Overtime New Fair Labor Standards Act Rules and Some Existing Rules to Live By Presenters Meghan Hill Principal, Columbus 614 365 2720 meghan.hill@squirepb.com Lindsay Gingo Of Counsel, Cleveland
More informationNew Rules for Overtime:
New Rules for Overtime: How Technology Has Changed On the Job Presented by Jodie-Beth Galos, Esq. Do you know where your employees are? FLSA Created when the U.S. was a manufacturing nation Today s work
More informationTime & Labor Training for Employees
Time & Labor Training for Employees Our goals today Guide and teach you how to capture and edit time and labor in HRMS Enhance your ability to remain compliant with federal and NYS labor laws Ensure all
More informationMontgomery I.S.D Payroll Procedures Manual
Montgomery I.S.D. 2017-2018 Payroll Procedures Manual Table of Contents SECTION A GENERAL INFORMATION 01. INTRODUCTION... 2 02. LOCATION........ 2 03. PAYROLL CONTACT INFORMATION... 2 04. PAY DATES & PAYROLL
More informationCountdown to the New DOL Regulations. September 2016
Countdown to the New DOL Regulations September 2016 Presented By: Lee Schreter Atlanta, GA lschreter@littler.com (404) 760-3938 Tammy McCutchen Washington DC (202) 414-6857 tmccutchen@littler.com Ready
More informationFLSA Transition and Information for Employees
FLSA Transition and Information for Employees FLSA classifications of exempt and non-exempt refers to a legal designation of the employee s job, and in no way refers to the value placed on an employee
More informationPERSONNEL POLICY MANUAL
POLICY C-1 Page 1 of 2 SUBJECT: PAYMENT OF WAGES Notes: Replaces Policy 3.0, Payment of Wages, Policy 3.3, Pay Advance and Policy 6.8, Direct Deposit PURPOSE: To establish processes required for payment
More informationCTAS e-li. Published on e-li (http://eli.ctas.tennessee.edu) January 03, 2018 Calculating Overtime Pay
Published on e-li (http://eli.ctas.tennessee.edu) January 03, 2018 Calculating Overtime Pay Dear Reader: The following document was created from the CTAS electronic library known as e-li. This online library
More informationMontgomery I.S.D Payroll Procedures Manual
Montgomery I.S.D. 2016-2017 Payroll Procedures Manual Table of Contents SECTION A GENERAL INFORMATION 01. INTRODUCTION... 2 02. LOCATION........ 2 03. PAYROLL CONTACT INFORMATION... 2 04. PAY DATES...
More informationFLSA Resource Guide. October Cascade Employers Association
FLSA Resource Guide This guide is intended to help you comply with new rules under the Fair Labor Standards Act regarding overtime and employee classifications. October 2016 Cascade Employers Association
More informationHow The New FLSA Rules Impact Nonprofits: What You Need To Know
How The New FLSA Rules Impact Nonprofits: What You Need To Know Presented by: Sidney Abrams and Alicia Schoshinski Tuesday, June 28, 2016 ABOUT NONPROFIT HR Since 2000, Nonprofit HR has worked with thousands
More informationCITY OF NEW LONDON Fair Labor Standards Act (FLSA) Overtime Compensation Policy
CITY OF NEW LONDON Fair Labor Standards Act (FLSA) Overtime Compensation Policy Issue Date: Revision Update(s): January 13, 2009 September 10, 2013 Policy Source: Cities and Villages Mutual Insurance Company
More informationFair Labor Standards Act Part 541 Overtime Final Rule
Fair Labor Standards Act Part 541 Overtime Final Rule Presented by: Ivan L. Schraeder Lowenbaum Law 222 South Central Avenue, Suite 900 St. Louis, Missouri 63105 314.746.4823 telephone 314.746.4848 facsimile
More informationFederal Law Update. The New FLSA Overtime Exemption Rules. AIM HR Solutions. Presented by : Russ Sullivan. www. aim net. org
Federal Law Update The New FLSA Overtime Exemption Rules Presented by : Russ Sullivan AIM HR Solutions @AIMHRSolutions #AIMHR blog.aimnet.org www. aim net. org 617. 262. 1180 Session Overview Challenges
More informationFLSA Changes: Implementation Guide
FLSA Changes: Implementation Guide This guide is the second of a two-part series we have developed to assist you in making changes in order to comply with the new exempt employee minimum salary rule, effective
More informationWage and Hour Law Update. Brian M. O Neal McMahon Berger, P.C North Ballas Road St. Louis, MO (314)
Wage and Hour Law Update Brian M. O Neal McMahon Berger, P.C. 2730 North Ballas Road St. Louis, MO 63131 (314) 567-7350 oneal@mcmahonberger.com FLSA Collective Action Filings 8,304 FLSA collective actions
More informationFrequently Asked Questions about FLSA-Required Changes
Frequently Asked Questions about FLSA-Required Changes WHAT IS THE FLSA? FLSA is the acronym for the Fair Labor Standards Act. Originally adopted in 1938, this federal law articulates the government s
More informationEMPLOYMENT CLASSIFICATIONS, WORK WEEK, AND OVERTIME
EMPLOYMENT CLASSIFICATIONS, WORK WEEK, AND OVERTIME The Lafayette Parish School Board complies with the Fair Labor Standards Act (FLSA) in all aspects as well as hours of work that are compatible with
More informationFLSA: Hot Topics and New Developments
6033 WEST CENTURY BOULEVARD, 5 TH FLOOR LOS ANGELES, CALIFORNIA 90045 T: (310) 981-2000 F: (310) 337-0837 153 TOWNSEND STREET, SUITE 520 SAN FRANCISCO, CALIFORNIA 94107 T: (415) 512-3000 F: (415) 856-0306
More informationFunctional Area #1 - Compensation/Wage and Hour P2
FUNCTIONAL AREA #1 COMPENSATION & WAGE HOUR PART II Presented by: Gina de Miranda, M.A., SPHR-CA, SHRM-SCP TPO Bilingual Consultant PHRca Instructor ginad@tpohr.com 1 WORK DAY AND WORK WEEK What law requires
More informationThe DOL s Final White-Collar Exemption Regulations
The DOL s Final White-Collar Exemption Regulations Presented for CEDIA Members October 13, 2016 Tami A. Earnhart ICE MILLER LLP tami.earnhart@ (317) 236-2235 Ice Miller LLP 2016. This presentation is not
More informationAngelo State University Operating Policy and Procedure
Angelo State University Operating Policy and Procedure OP 52.28: Hours of Work, Overtime, and Compensatory Time DATE: January 23, 2017 PURPOSE: REVIEW: The purpose of this Operating Policy/Procedure (OP)
More informationLITTLER MENDELSON, P.C. Preparing for Change: The DOL s Final Rule and Exempt Classifications
LITTLER MENDELSON, P.C. Preparing for Change: The DOL s Final Rule and Exempt Classifications Agenda A Quick Review DOL s Final Rule Preparing for Change What Are Your Options? 2 A QUICK REVIEW White Collar
More informationPolicies of the University of North Texas Chapter 5. Human Resources Compensatory Leave and Overtime
Policies of the University of North Texas Chapter 5 05.062 Compensatory Leave and Overtime Human Resources Policy Statement. To insure that staff members are compensated for overtime worked in accordance
More informationFLSA. Wage & Hour Provisions. Representing employers nationally in labor, employment, civil rights, employee benefits, and immigration matters
FLSA Wage & Hour Provisions Representing employers nationally in labor, employment, civil rights, employee benefits, and immigration matters www.laborlawyers.com FLSA (WAGE & HOUR PROVISIONS) T A B L
More informationFLSA Changes for 2016
FLSA Changes for 2016 The Department of Labor (DOL) published final regulations on May 18, 2016. In Brief: The FLSA generally requires covered employers, including ISU, to pay their employees overtime
More informationPolicy 4.40 Fair Labor Standards Act (FLSA)
Policy 4.40 Fair Labor Standards Act (FLSA) Responsible Official: VP for Human Resources Administering Division/Department: Compensation Effective Date: May 07, 2007 Last Revision: July 15, 2014 Policy
More informationNSU FLSA Guidelines, Information and Tips for Supervisors
NSU FLSA Guidelines, Information and Tips for Supervisors As a supervisor, you should have received copies of the notification letters that were sent to those employees transitioning from exempt to non-exempt
More information2014 Brigham Young University Idaho Brigham Young University Idaho
2014 Brigham Young University Idaho 1 2008 Brigham Young University Idaho FAIR LABOR STANDARDS ACT Exemptions and Policy 2014 Brigham Young University Idaho 2 Overview Northwestern University Football
More informationFlexible Work Schedule Procedure
Flexible Work Schedule Procedure Policy Statement It has been the practice of UNLV to allow the use of flexible work schedules where it is a viable management work option, and based on the individual circumstances
More informationThe Fair Labor Standards Act. A Public Sector Compliance Guide
The Fair Labor Standards Act A Public Sector Compliance Guide Section 1 OVERVIEW OF THE FAIR LABOR STANDARDS ACT A. INTRODUCTION AND SUMMARY OF REQUIREMENTS...1 1. Minimum Wage...1 2. Overtime Compensation...1
More informationIncentive-Based Pay Plans and Minimum Compensation Entitlement
PHONE: 780-427-3731 Incentive-Based Pay Plans and Minimum Compensation Entitlement October 2017 This Fact Sheet applies to employees who are paid in whole or in part by incentivebased pay and who are subject
More information2016 Fair Labor Standards Act (FLSA) Changes
2016 Fair Labor Standards Act (FLSA) Changes Toolkit for Managers and Supervisors 2016 Fair Labor Standards Act (FLSA) Changes Toolkit for Managers and Supervisors About This Toolkit More university staff
More informationAssessing FLSA Overtime Liability for Municipal Public Safety Workers
6033 WEST CENTURY BOULEVARD, 5 TH FLOOR LOS ANGELES, CALIFORNIA 90045 T: (310) 981-2000 F: (310) 337-0837 135 MAIN STREET, 7 TH FLOOR SAN FRANCISCO, CALIFORNIA 94105 T: (415) 512-3000 F: (415) 856-0306
More informationNew Overtime Pay Rule
New Overtime Pay Rule Overview On May 18, 2016, the U.S. Department of Labor (DOL) released its final rule updating overtime requirements for employers. The rule takes effect December 1, 2016 and makes
More informationPay Raises or Pay Overtime: The New DOL Salary Level Test
Pay Raises or Pay Overtime: The New DOL Salary Level Test Thomas W. Scroggins Rosen Harwood, P.A. Bank of Tuscaloosa Plaza Suite 200 Tuscaloosa, Alabama 35403 3206 Telephone (205) 344 5000 tscroggins@rosenharwood.com
More informationFair Labor Standards UMW
Fair Labor Standards Act @ UMW 1 Session Objectives Describe the FLSA rule changes; Discuss how the FLSA rules apply at UMW; Describe the implementation; Answer your questions. 1 FLSA establishes Overtime
More informationHowever, with the rotating schedule of the Police department this has become an issue and is not clearly addressed. Recommended language becomes:
Personnel Manual Recommended Changes/Updates/Clarifications Policy 303 Holiday Pay If a recognized holiday falls on a Friday, Saturday or Sunday, the Department heads will identify the designated day off
More informationEXCESS WORK HOURS/OVERTIME PROCEDURE
Approved: Effective: October 18, 2017 Review: February 22, 2017 Office: Human Resources Topic No.: 250-010-005-h Department of Transportation PURPOSE: EXCESS WORK HOURS/OVERTIME PROCEDURE This procedure
More informationNEW FEDERAL REGULATIONS REDEFINE EXEMPT EMPLOYEE STATUS
NEW FEDERAL REGULATIONS REDEFINE EXEMPT EMPLOYEE STATUS By: William James Rogers, Esquire Thomson, Rhodes & Cowie, P.C. Introduction On April 23, 2004, the U.S. Department of Labor published in the Federal
More informationDIFFERENCES BETWEEN AFSCME CONTRACT AND FLSA REGULATIONS - NON-EXEMPT EMPLOYEES
DIFFERENCES BETWEEN AFSCME CONTRACT AND REGULATIONS - NON-EXEMPT EMPLOYEES AFSCME GENERAL CONCEPTS Definition of Overtime Definition of Hours Worked For both full & part-time employees, hours worked over
More information(a) Definitions. Unless otherwise indicated, the following words shall, for purposes of this section, have the following meanings:
Sec. 14-168. - Attendance; workweek; overtime compensation, etc. (a) Definitions. Unless otherwise indicated, the following words shall, for purposes of this section, have the following meanings: (1) Compensatory
More informationEMPLOYEE RIGHTS UNDER THE FAIR LABOR STANDARDS ACT THE UNITED STATES DEPARTMENT OF LABOR WAGE AND HOUR DIVISION FEDERAL MINIMUM WAGE $7.
EMPLOYEE RIGHTS UNDER THE FAIR LABOR STANDARDS ACT THE UNITED STATES DEPARTMENT OF LABOR WAGE AND HOUR DIVISION FEDERAL MINIMUM WAGE $7.25 BEGINNING JULY 24, 2009 PER HOUR OVERTIME PAY CHILD LABOR At least
More informationSystem-wide Pay Plan and Overtime Regulations Session for AABS
System-wide Pay Plan and Overtime Regulations Session for AABS Elizabeth Schwartz Director of Workforce Management eschwartz@tamu.edu 979.845.0357 employees.tamu.edu FOLLOW US ON: Topics Background Basic
More informationFair Labor Standards Act (FLSA) Overtime Revisions. Supervisor Training
Fair Labor Standards Act (FLSA) Overtime Revisions Supervisor Training Questions to Answer What is the FLSA? What are the changes and why are they occurring? When are the changes effective? Who is affected
More informationROCHESTER INSTITUTE OF TECHNOLOGY
ROCHESTER INSTITUTE OF TECHNOLOGY Time Off Benefits Table of Contents Introduction...2 Important Note About Passwords...2 Vacation...2 Vacation Eligibility Chart for Employees Scheduled to Work 12 Months
More informationThe Fair Labor Standards Act
The Fair Labor Standards Act HELPING DEALERS UNDERSTAND UPDATES TO THE WHITE COLLAR EXEMPTIONS AND ENSURE COMPLIANCE WITH OTHER RELEVANT FLSA EXEMPTIONS COMMONLY USED IN EQUIPMENT DEALERSHIPS. 1. Welcome/Overview
More informationFACILITIES OPERATIONS STANDARD PRACTICE. On-Call and Emergency Callback Standard Operating Practice
I. PURPOSE To establish responsibilities and compensation for staff who serve in an on-call status and/or who receive an emergency callback. II. PROCEDURES A. Definitions: Actual Time Worked the time from
More informationSam Houston State University A Member of The Texas State University System
Finance & Operations Human Resources Policy ER-3 Work Schedules & Employee Compensation SUBJECT: PURPOSE: POLICY: Work Schedules & Employee Compensation To provide a standard policy for non-faculty employees
More informationClass Action Trends 9/18/ Locations Nationwide* *Jackson Lewis P.C. is also affiliated with a Hawaii-based firm.
Class Action Trends Nathan W. Austin Jackson Lewis P.C. Sacramento austinn@jacksonlewis.com 916-341-0404 2017 Jackson Lewis P.C. About the Firm Represents management exclusively in every aspect of employment,
More informationArizona Minimum Wage Act
Arizona Minimum Wage Act Frequently Asked Questions and Answers Under A.R.S.23-364(A), which became effective January 1, 2007, the Industrial Commission of Arizona was given the authority to enforce and
More informationJanuary 13, Alternative Work Schedule Assignments
Alternative Work Schedule Assignments How Will This Work In an attempt to provide managers with a series of tools to help them during these tough financial times, we are pleased to offer these work schedule
More informationCHICAGO MINIMUM WAGE AND PAID SICK LEAVE RULES SUPPORTING CHAPTER 1-24 OF THE MUNICIPAL CODE OF CHICAGO
CHICAGO MINIMUM WAGE AND PAID SICK LEAVE RULES SUPPORTING CHAPTER 1-24 OF THE MUNICIPAL CODE OF CHICAGO ARTICLE 1 GENERAL RULES SECTION I. DEFINITIONS Terms used in these Rules that are defined in Chapter
More informationEXECUTIVE EXEMPTION WORKSHEET
EXECUTIVE Job Title: Note: When completing this worksheet for a position that has two or more incumbents, you must be able to answer all of SALARY LEVEL TEST Yes No Comments 1. Does the employee currently
More informationLINKS AND RESOURCES OVERTIME PAY. Provided by Sapoznik Insurance FLSA Overtime Pay
Provided by Sapoznik Insurance FLSA Overtime Pay Under the FLSA, there is no limit on the number of hours employees may work in any workweek, but employees must receive one and one-half times their regular
More informationImplementing Overtime Rule Changes. Presented by: Assistant Attorney General Daniel Knox Faulkner
Implementing Overtime Rule Changes Presented by: Assistant Attorney General Daniel Knox Faulkner General Rule/Overtime Pay Non-exempt employees must receive overtime pay at a rate of not less than 1 ½
More informationNEW WHITE COLLAR EXEMPTION REGULATIONS
NEW WHITE COLLAR EXEMPTION REGULATIONS What Does It Mean for Employers? Paul A. Wilhelm (313) 309-4269 pwilhelm@ WHY DO I CARE? The Fair Labor Standards Act ( FLSA or Act ) enacted in 1938 as part of the
More informationFLSA Exemption Test Worksheet Executive, Teaching, Professional, Administrative, and Computer Exemption Tests
FLSA Exemption Test Worksheet Executive, Teaching, Professional, Administrative, and Computer Exemption Tests Federal law provides that certain PSU employees may be exempt from the overtime wage provisions
More informationPaying Salespeople: Commission, Overtime, and Minimum Wage Concerns. Bryan P. Cavanaugh. The Cavanaugh Law Firm October 12, 2017
+ Paying Salespeople: Commission, Overtime, and Minimum Wage Concerns Bryan P. Cavanaugh The Cavanaugh Law Firm October 12, 2017 + Is the salesperson exempt? The Outside Sales Exemption What does outside
More informationDATE ISSUED: 11/5/ of 5 UPDATE 103 DEAB(LEGAL)-P
FAIR LABOR STANDARDS ACT MINIMUM WAGE AND OVERTIME BREAKS FOR NONEXEMPT EMPLOYEES COMPENSATORY TIME ACCRUAL PAYMENT FOR ACCRUED TIME USE Unless an exemption applies, a district shall pay each of its employees
More informationNovember 2010 Presented by WSU Human Resources
FLSA Supervisor Training November 2010 Presented by WSU Human Resources Why Are We Here? Several issues with Fair Labor Standards Act (FLSA) identified FLSA Review Team formed in January Chartered to review
More information2. Does the employee have 2 or more employees reporting to them?
California Exempt vs. n-exempt Test as of 1/1/2016 Executive Exemption: The executive exemption applies to one who is in charge of unit or department within a company, and who ordinarily supervises the
More informationSalt Lake County Human Resources Policy 5-300: Payroll
Purpose This policy identifies and provides for the uniform and consistent application of the provisions of the Salt Lake County Payroll System. I. Policy Salt Lake County will maintain payroll records
More informationEmployee WolfTime User Guide
1 NC STATE UNIVERSITY Employee WolfTime User Guide Contents Introduction... 3 Leave Balances... 3 Monthly Compensation... 3 Compensatory (Comp) Time... 4 Accessing the WolfTime System... 4 Exempt Employee
More informationFAIR LABOR STANDARDS ACT(FLSA): IMPLICATIONS OF 2016 REGULATIONS June 14, 2016 Presented by:
FAIR LABOR STANDARDS ACT(FLSA): IMPLICATIONS OF 2016 REGULATIONS June 14, 2016 Presented by: Sandi P. Tarski starski@wabsa.c om 512-454-6864 Alexander S. Berk aberk@wabsa.c om 214-574-8800 1 FLSA BASICS
More informationPaid Sick Leave January 1, 2018 Disclaimer
The intention of this presentation is to help provide the public with guidance on the application of the Washington State Paid Sick Leave law, taking effect January 1, 2018. This presentation is strictly
More informationAugust University of Cincinnati. Part 3
August 2016 University of Cincinnati FLSA Training FLSA Training for Supervisors: for Supervisors: Part 1 Part 3 Questions during the webinar? To ask a question, select to send to the host. Type your question
More informationRevised July 2015 WORKERS COMPENSATION TIME REPORTING MANUAL
WORKERS COMPENSATION TIME REPORTING MANUAL Table of Contents Purpose of the Manual 1 General Information 1 Time Reporting Guidelines 2 USPS, Faculty, and A&P Employees` 2 Shift Workers 3 OPS Employees
More informationVacation & Sick Time. Overview
Vacation & Sick Time Overview Session Goals ü2016 FLSA decision üdefine Common Terms üreview Vacation and Sick Time Benefits üresources and Links 2016 FLSA Transition Assistance Employees transitioning
More informationTOP 1O FLSA MISTAKES
TOP 1O FLSA MISTAKES By Lori K. Mans and Ellen Kearns of Constangy, Brooks, Smith & Prophete, LLP AVOID THESE TOP 10 MISTAKES TO STAY IN COMPLIANCE WITH THE FAIR LABOR STANDARDS ACT. Lawsuits under the
More informationEmployee Categories and the Fair Labor Standards Act (FLSA) Breakout Session
Employee Categories and the Fair Labor Standards Act (FLSA) Breakout Session Definitions Alignment of UW-Madison s Employee Categories with the Fair Labor Standards Act FAQs Audience Q&A Agenda Employee
More information2011 WAGE AND HOUR OVERVIEW INDEX. I. OVERVIEW OF APPLICABLE LAWS...1 A. Fair L abor Standards Act...1 B. North Carolina Wage and Hour Act...
2011 WAGE AND HOUR OVERVIEW INDEX I. OVERVIEW OF APPLICABLE LAWS...1 A. Fair L abor Standards Act...1 B. North Carolina Wage and Hour Act...3 II. TERMS OF ART...4 A. Work week...4 B. Regular rate...4 C.
More informationMost employees are paid general holiday pay for these days whether they work or not.
General Holidays General holidays are sometimes referred to as statutory holidays or stat holidays. They are days recognized by law as holidays. Employees either have this day off with pay, or are paid
More informationSECTION 4 COMPENSATION
SECTION 4 COMPENSATION 4.01 TIME SHEETS 4.02 PAYDAY 4.03 PAYROLL DEDUCTIONS Ohio Public Employees Retirement System (OPERS) Income Taxes Medicare Deductions Garnishment/Child Support Deductions Optional
More informationSECTION 4 PAYMENT OF WAGES
SECTION 4 PAYMENT OF WAGES Page no. Payment of Wages 92 Payment of Wages Act 1991 92 Deductions 93 Disputes 94 National Minimum Wage 95 Determining average hourly rate of pay 95 Reckonable and Non-Reckonable
More informationFLSA Changes. Overtime Regulations and How They Affect You
FLSA Changes Overtime Regulations and How They Affect You Fair Labor Standards Act (FLSA) Establishes minimum wage & overtime standards Distinguishes between exempt and nonexempt (overtime eligible) employees
More informationFair Labor Standards Act (FLSA)
Fair Labor Standards Act (FLSA) Overtime Law 2016 Mandated by Presidential Executive Order and DOL Law Change (Section 7) Guide for Implementation at Troy University PLEASE NOTE: The policies and forms
More informationThe Basics of Wage and Hour Laws
The Basics of Wage and Hour Laws Click Here to Enter ebook 1 Preface The Fair Labor Standards Act (FLSA) is a federal law that regulates minimum wage, overtime pay, child labor and recordkeeping. Employees
More informationUS DEPARTMENT OF HOMELAND SECURITY TRANSPORTATION SECURITY ADMINISTRATION OFFICE OF HUMAN CAPITAL POLICY HUMAN CAPITAL MANAGEMENT POLICY
US DEPARTMENT OF HOMELAND SECURITY TRANSPORTATION SECURITY ADMINISTRATION OFFICE OF HUMAN CAPITAL POLICY HUMAN CAPITAL MANAGEMENT POLICY To enhance mission performance, TSA is committed to promoting a
More informationAMERICAN LIBRARY ASSOCIATION PERSONNEL POLICY MANUAL. Item Number: 202 Page 1 of 12. COMPENSATION POLICY Issued 09/01/02
Item Number: 202 Page 1 of 12 I. COMPENSATION POLICY It is the policy of the American Library Association ( ALA ) to provide a competitive total compensation package to all employees based on their level
More informationChapter 3. Accounting for Labor
Chapter 3 Accounting for Labor Learning Objectives LO1 Distinguish between features of hourly rate and piece-rate plans. LO2 Specify procedures for controlling labor costs. LO3 Account for labor costs
More information2016 FLSA Changes TOOLKIT FOR EMPLOYEES UNIVERSITY OF LOUISVILLE HUMAN RESOURCES. *Document is subject to change Updated
2016 FLSA Changes TOOLKIT FOR EMPLOYEES UNIVERSITY OF LOUISVILLE HUMAN RESOURCES *Document is subject to change Updated 10.13.16 The Fair Labor Standards Act (FLSA) and Upcoming Changes in 2016 On May
More informationRVDA HAS YOUR DEALERSHIP BUDGETED FOR WAGE AND HOUR LITIGATION WHO IS/ISN T EXEMPT IN PAY PLANS AND OTHER SCARY STUFF!
RVDA HAS YOUR DEALERSHIP BUDGETED FOR WAGE AND HOUR LITIGATION WHO IS/ISN T EXEMPT IN PAY PLANS AND OTHER SCARY STUFF! Presenter James F. Hendricks, Jr. Partner, Chicago Office Litchfield Cavo, LLP 312-781-6288
More informationHOLIDAY POLICY U.S. If you have questions, please contact: HR Connections at or
Owner: Manager, Employee Relations Local Contact: HR Manager/Business Partner HOLIDAY POLICY U.S. Policy Center Approver: Senior Vice President, Human Resources Date Issued/Revised: 07/01/2016 If you have
More informationExemption and Overtime
Exemption and Overtime There are federal and state overtime and minimum wage laws. Because California's laws are more generous, employers and workers should usually focus on California law. Workers performing
More informationHERNANDO COUNTY Board of County Commissioners
HERNANDO COUNTY Board of County Commissioners Policy Title: Effective Date: February 11, 2014 Pay Plan and Employee Compensation Policy Revision Date(s): March 12, 2013 October 16, 2013 Latest Review:
More informationDEPARTMENT OF LABOR S NEW OVERTIME RULES: WHAT CHARTER SCHOOLS NEED TO KNOW
DEPARTMENT OF LABOR S NEW OVERTIME RULES: WHAT CHARTER SCHOOLS NEED TO KNOW Presented to: Thursday, September 29, 2016 Today s Presenters 2 Paul Holtzman, Esq. Partner Krokidas & Bluestein LLP Providing
More informationGuide to the Fair Labor Standards Act
Guide to the Fair Labor Standards Act Prepared by the Human Resources Department For the Round Lake Area Schools Community Unit School District 116 2013-2014 EDITION This Guide is intended to provide administrators
More informationThe Final FLSA Overtime Rule
The Final FLSA Overtime Rule Issue 4 2016 On May 18, 2016 the Department of Labor released the final rule regarding the overtime regulations of the Fair Labor Standards Act (FLSA). While the rule maintains
More informationFLSA Regulation Changes (Effective December 1, 2016) June 2016
FLSA Regulation Changes (Effective December 1, 2016) June 2016 FLSA Regulation Changes Changes Non-Exempt if paid a salary below the minimum salary level threshold. Minimum Salary Level If paid above the
More informationAngelo State University Operating Policy and Procedure
Angelo State University Operating Policy and Procedure OP 52.31: Multiple State Employment and Other Outside Employment DATE: January 23, 2017 PURPOSE: REVIEW: The purpose of this OP is to establish policy
More information