Although the rules on exempt vs non-exempt employees has changed a few times in the past 10 years, overtime worked is, and has always been, overtime earned. THERE ARE NO EXCEPTIONS.
But 1.5 time a workers hourly rate of pay is just the start of calculating overtime earned. This course is designed as a refresher on what hours and payments are considered in calculating overtime pay.
Why you should Attend:THE DOL issued it’s new final rule on emept workers. The Rule increases salary thresholds for all emloyees who can be considered exempt from overtime. Learn exactly what the new amounts are and other information from the rule.
If your employee works more than 40 hrs in a workweek (or over 8 hrs in a day in some states) - they have earned overtime of at least 1.5 times their hourly rate of pay (HRP). Do you know all types of payments that carry an overtime premium? If not, Join Mark Schwartz in this informative webinar designed for the seasoned payroll professional to properly analyze compliance with overtime regulation, and help their CFO properly budget payroll expenses.
You will also find the answers to the following questions, and more:
Areas Covered in the Session:
And much more, Including numerical examples.
Who Will Benefit:
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