This webinar on employee overtime calculation will help you understand what is “time worked”, exempt versus non-exempt status and how to calculate your employees' overtime correctly so to avoid these costly suits.
Why Should You Attend:
Overtime lawsuits are on the rise. Employees are getting wiser to their rights under the Fair Labor Standards Act (FLSA) and are realizing that their employers have been incorrectly designating them as exempt and, therefore, have not been paying them overtime they are due. They are also realizing that employers are failing to record “working time” correctly – resulting in significant underpayments to their employees. Additionally, even if the working time is accurately noted, employers failed to calculate overtime obligations correctly. Due to the frequent errors on employers’ part, many employees are grouping together to bring class actions or collective actions under the FLSA – making these suits more costly than ever.
Attending this webinar will help you understand what is “time worked”, exempt versus non-exempt status and how to calculate your employees' overtime correctly so to avoid these costly suits.
Areas Covered in the Seminar:
- What is actual “time worked” under the FLSA.
- What is meant by “suffered or permitted” to work?
- Exempt versus Nonexempt Status.
- Deductions from exempt pay - avoiding the landmines.
- Hourly versus Salaried Status.
- How to determine FLSA classification of positions.
- Problems with "job creep" and "perception of status".
- How to calculate working time – including travel time, training time, “donning and doffing and others.
- Methods of calculating overtime – salary coefficient, piece rates, blended rates, BELO contracts.
- Employee-employer relationship versus independent contractor status.
Added by complianceonlinecom on June 1, 2012