Paying Final Wages: 5 Key Steps to be Compliant
Duration : 60 Minutes
This course, has been approved for 1 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).
U. Harold Levy,
U. Harold Levy, President of Levy and Levy Enterprises, is a national and international speaker, trainer, consultant and recognized expert on civil right issues, human resources, leadership and management. Mr. Levy has over 25 years of experience in the profession, most recently as the Eastern Reg Read more
This webinar provides employers with concrete steps to take when paying employees who either quit their jobs or got fired. Despite the commonality of it, separations from employment often end up being a compliance challenge for employers. Employers are not required by federal law to give former employees their final paycheck immediately. Some states, however, may require immediate payment. If the regular payday for the last pay period an employee worked has passed and the employee has not been paid, the company is at risk for needless complaints and/or law suits. Learn what steps to take to avoid these embarrassing and costly situations.
Course Objectives:
Most states require employers to give departing employees their final paychecks in fairly short order -- sometimes on their last day of work. In some states, these time limits vary depending on whether the employee quit or was fired. Some states require employers to pay out accrued, unused vacation days with the final paycheck. Employers who want to avoid ending up in court facing hefty civil, and possibly criminal, penalties and fines and – in the worst case scenario – even jail time should attend this informative training.
Course Outline:
• Companies that want to ensure compliance with Federal and State Laws will learn how to break the final pay process down into five key steps:
o Determine when to pay
o Determine what to pay
o Reconcile the terms of any applicable company policies, employment contracts and/or collective bargaining agreements
o Calculate tax withholding and any other required or permitted deductions and
o Choose the payment method
• The role and responsibility of the Department of Labor's Wage and Hour Division
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Payroll Professionals
• Human Resources
• Accounting Personnel
• Business Owners
• CEO’s
• COO’s
• Human Resource Administrators
• Human Resource Managers
• Lawmakers
• Attorneys, or any individual or entity that must deal with the complexities and technicalities of ensuring compliance within the payroll process
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
