Understanding Final Paycheck Requirements
Duration : 60 Minutes
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
This webinar will go into detail that employers face when paying terminated associates. Will review everything to final pay to stock options and payments to employees that may occur years after they terminate.
Along with reviewing the difficult situation when you have to pay terminated employee's legal settlements. Will also cover the tax implications and how to handle taxes are several different types of termination pay.
Course Objectives:
In this webinar we will cover the tax implications and how to handle taxes are several different types of termination pay, It is important for payroll to understand these laws to ensure compliance.
Course Outline:
• Review of different types of term pay from vacation pay to golden parachute payments
• Discussion around Stock options and Deferred compensation after termination
• Taxation concerns in regard to payments made to terminated employees
• Timing of final pay for terminated employees including state law requirements
• Year end concerns
• Discussion around death payments paying and reporting
• How to handle legal settlements
• Record Retention Concerns
• Best 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 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
