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Changing Payroll Frequencies: How It Can Be Done in 2016 (HRM562X)

Presented by: Vicki M. Lambert, CPP
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Pre Recorded Webinar
100 minutes
Event Description
2.0 CPE
2.0 Credit
1.5 PDC - AudioSolutionz is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM

What You Should and Should Not Do While Changing Payroll Frequencies!

Is your organization planning on having a change in your payroll frequency? Possibly your workplace has grown too big to manage weekly payroll now, or a particular payroll cycle has been made the norm in your industry. Irrespective of what the reason might be, the task of changing the payroll frequency can be a very difficult task, and if not done with detailed and careful planning, it can turn out to be something much more than a nightmare.

Most states permit changing of payroll frequencies unless it is done strictly with the motive of avoiding overtime already worked. However, it is a difficult and laborious task and must be handled with caution and an enormous amount of research and preparation. Prior to making the decision of changing the payroll frequency, you need to address the compliance issues such as – Are there any employee notifications needed prior to the change being made? And does the state permit the frequency?

Besides the compliance issues, there are other problems that deal with fringe benefit accruals, employee earnings, timing and systems. For example, deciding when to implement the pay frequency change can impact a myriad of other issues including the impact on issuing Forms W-2 if done prior to January 1; the effect on salary employees if done mid-year; and calculating fringe benefits if they are based on a time frame such as a per payroll period.

Join this session by our expert speaker Vicki M. Lambert, CPP and learn how to handle the changing of payroll frequencies. The essential aspects of payroll frequency change and more will be covered in this session.

Session Highlights:

  • Why the change is required?
  • Available choices
  • What are the compliance issues?
  • The impact of change on payroll
  • The impact of change on employees
  • The impact of change on procedures and systems
  • The crucial communication factors to include at every stages of the change
  • Creating the plan to implement the change
  • Reviewing and testing the change prior to implementation
  • Implementation and the outcome

Who should attend?

Payroll professionals, Human resources and accounting personnel, business owners, lawmakers, attorneys, or any individual or entity that must deal with the complexities and technicalities of the payroll process when it comes to processing and issuing Forms W-2

About Our Speaker(s)

Vicki M. Lambert | Payroll Training SpeakerVicki 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 and respecte... More info

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    Event Title: Changing Payroll Frequencies: How It Can Be Done in 2016
    Presenter(s): Vicki M. Lambert, CPP

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