Payroll Administration is critical to any enterprise. The world is changing with more technology and demands on payroll to cope in the work from anywhere environment prompted by COVID-19.  Substantial Artificial Intelligence exists in the form of tools, techniques, and technology to substantially enhance the administration of payroll. However, many companies are still stuck in legacy systems and inefficient ways of processing payroll. Employee demands for payroll transparency, online data, flexible payments including cryptocurrency and not being met due to outdated & antiquated payroll procedures & systems. Payroll, to often, is done in a vacuum for HR management.  These should be combined and integrated in common technology platforms. The essence of payroll is perfection in payments and prevention of fees & fines for non-compliance with statutory rules & regulations. Payroll administration can be significantly improved by employing the tools & techniques of technology available from a variety of sources. This webinar explores all efforts to improve payroll administration in a technology-based environment using lessons learned for COVID-19 to create new norms policies and procedures for successful payroll administration

Why Should You Attend:

Payroll is most important aspect of any business.  It leads to employee morale.  It must be perfect and comply with all the rules.  This webinar examines all the payroll rules of the FLSA and how to implement them to achieve perfection.  It is a simple approach to payroll rules and administration and guaranteed to give attendees a good working knowledge of payroll rules & administration in simple to understand and apply tools & techniques with associated new trends & technologies

Course Objectives:

This webinar covers the complete context of payroll rules and administration made simple.  It starts with the basic classification of workers properly classified as Contractors or Workers.  Rules for Payment and administration of Contractors is outlined.  Rules for workers   classified as “Exempt”  or “Non-exempt” based on DOL/ FLSA .

Rules for payments to exempt and non-exempt employees are examined. Overtime rules are outlined for non-exempt employees in addition to record keeping & reporting for all employees.

Course Outline:

• Use of cloud-based technology to universal data access

• The demand for payroll real time data

• Goodbye to spreadsheets & hello to new payroll technology

• More payroll system flexibility in a work from anywhere environment

• Combining payroll with HR on common AI platform

• Payroll transparency

• Payment flexibility customized to the individual

• Helping employees with money worries

• Proper classification & payment of Contractors, Exempt & non-exempt employees

• New DOL approved guidelines & rules on overtime

• Six steps implementation plan for the new DOL rules & guidelines

• “Work from anywhere” (WFA) trend on payroll & wages

• Impact & concern of inflation on payroll & wages

• COVID-19 concerns & challenges

• New payroll future trends & technologies

What You Get:

• Training Materials

• Live Q&A Session with our Expert

• Participation Certificate

• Access to Signup Community (Optional)

• Reward Points

Who Will Benefit:

• All Employers

• Planning & Budgeting Professionals

• All positions involved in personnel or payroll administration and the supervision of personnel

• Business Owners

• Company Leadership

• Compliance professionals

• Payroll Administrators

• HR Professionals

• Managers/Supervisors

• Employers in all industries