Nothing happens under the overtime rules of FLSA, if the employee hasn't worked for more than 40 hours in a week. The computation of the overtime pay is based on the total time employee has worked in the work week, where only the time 'actually' worked is counted. Only if the actual time worked exceeds 40 hours in a work week, will overtime FLSA rules come to play.
This session by expert speaker Vicki M. Lambert, CPP will talk about calculating overtime under FLSA rules for nonexempt employees. You will understand how to calculate overtime correctly in order to avoid costly fines and penalties. Vicki will explain the terms used under the Fair Labor Standards Act (FLSA) such as workweek, hours worked, regular rate of pay, overtime premium, work day, fluctuating workweek, and fixed workweek, and will also demonstrate a step by step calculations to determine the correct overtime for an employee using the FLSA method.
This session will explain when the FLSA method can be used and when is an 'alternate' method acceptable. Going further, you will understand exactly what you should include in, 'regular rate of pay' and are the 8 distinct payments may be excluded. Finally, you will understand when a bonus should be prorated in order to cover all the overtimes that are worked. Your take-away from the conference will be various definitions, step by step explanation of calculations, and various rules and regulations related to the overtime pay.
Who Should Attend
Payroll and human resources professionals
Vicki M. Lambert CPP
Vicki M. Lambert, CPP is President and Academic Director of The Payroll Advisor™ a firm specializing in the training of payroll professionals. With over three decades of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, Ms. Lambert is a sought-after ... More info