Calculating Overtime in 2019: How to Get it Right Every Time

This training program will discuss how to calculate overtime under the FLSA rules for nonexempt employees. The session will also cover definitions of overtime and calculation examples.

Why Should You Attend:

Penalties for overtime violations can be severe with the possibility of fines, imprisonment or both! Add civil suits to the mix and the results can be devastating to any business no matter how large or small! And just to make it interesting, most states use the same definition to calculate overtime as the FLSA does. So one error can earn you double the penalties.

This webinar will discuss how to calculate overtime under the FLSA rules for nonexempt employees, including definitions of overtime and calculation examples.

Learning Objectives:

• Gain knowledge of and skills in federal and applicable state wage and hour law as it pertains to payroll preparation
• Understand proper calculation of gross pay
• Understand proper calculation of overtime pay
• A sound knowledge of the terminology used by the FLSA as it pertains to calculating overtime and hours worked
• Basic understanding of what is considered hours worked and how to handle such working hours as travel pay and meeting times
• Gain knowledge of when an employee must be given a lunch and when an employer may dock for meal periods
• Knowledge of the requirements for paying employees including pay frequencies permitted and methods allowed under state laws
• Basic understanding of what must be included on a paystu

Areas Covered in the Webinar:

• What is the definition of overtime under the FLSA- it's not what most people think
• What is the Portal-to-Portal Act and how does it affect overtime
• How to calculate the regular rate of pay
• Tracking hours worked and the use of rounding practices
• The eight narrowly construed exceptions to inclusion of payments in the regular rate
• When you must include a bonus in calculating your employee’s overtime pay
• What is the overtime premium and how is it calculated
• How to calculate overtime if a bonus covers more than one workweek
• Using the weighted average method to calculate overtime when and where it must be done
• When and how to use the fluctuating workweek
• When can the alternate method of calculating overtime be used

Who Will Benefit:

• Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
• Human Resources Executives/Managers/Administrators
• Accounting Personnel
• Business Owners/Executive Officers/Operations and Departmental Managers
• Lawmakers
• Attorneys/Legal Professionals
• Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues