Prevent Payroll Errors – Effective Root Cause Analysis
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®).
Dayna J. Reum,
Dayna Reum ,CPP, FPC is currently the Director of Payroll Operations at Ann & Robert H. Lurie Children's Hospital of Chicago . She has been heavily involved in the payroll field over 18+ years. Starting as a payroll clerk at a small Tucson company, She moved on to be a Payroll Team Leader at H Read more
Identify and Prevent Common Payroll Errors With Effective Root Cause Analysis. Payroll departments are facing increasing pressure to do more with less. Technology is now an integral part of our daily lives, and payroll is no exception.
Payroll departments are leveraging technology for the easier completion of day to day payroll tasks. With these tasks out of the way, payroll professionals are being asked to focus on improving processes and save money for companies to perform those processes.
It is now critical for payroll professionals to have the skills to analyze a process and build standards on how those processes should function. You must be able to not only understand a process but also measure the results in relation to industry standards.
Course Objectives:
This session will provide you the tools necessary for identifying the root cause of errors so you can update processes to ensure errors only happen once. Dayna will also provide a review of commonly made errors reported by the IRS and the Federal Department of Labor.
Course Outline:
• How to determine best in class practices
• How to determine what processes to measure and when
• What are silo’s and how they hurt your business
• Details of the different types of data collection methods
• The importance of customers on your benchmarking program
• Different types of customers to evaluate in your process improvement program
• Overview of commonly made mistakes and tips to avoid them
o Correcting worker misclassification errors
o Properly calculating overtime
o Overpayment corrections in regards to FLSA and taxation
o Timing of payment concerns
o Mitigating termination errors
o Proper state taxation
o Taxing fringe benefits
o Obtaining proper substantiation and the impact
o Proper processing of received garnishments
o Preventing unethical and erroneous SUI tax practices
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 Departments
• Accounting Departments
• Benefits Departments
• Human Resources Departments
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
