Calculating Overtime: HR's Pay Practice How-To for Federal Wage & Hour Law Compliance
Calculating Overtime Webinar Recording
When it comes to paying overtime, what seems like easy math can get very complicated very quickly if you’re not up to date on federal regulations for calculating what you owe.
Questions often arise about what exactly constitutes the regular rate of pay, which is necessary for determining how much overtime compensation is owed. You must take into account commissions, bonuses, and other payments. Particularly vexing is how to compute the overtime pay on a bonus that rewards employees for a quarter, a year, or another set period of time.
Further, what happens to the regular pay rate calculation when an employee works in two job classifications that are paid different hourly rates? How can you ensure that you’re accurately paying overtime at a blended rate?
Even with the best of intentions, you could find yourself facing a costly lawsuit if your overtime calculations are wrong. Don't wait until it's too late -- learn how to properly determine employee overtime pay so you can stay in compliance.
Participate in this interactive webinar, and you'll learn:
- How to calculate the regular rate of pay under federal law
- How to account for bonus payouts, piece rates, commissions, stock options, and shift differentials so you’re in compliance with the federal Fair Labor Standards Act
- When stand-by is considered time compensable
- How to account for time worked before and after regular hours or during normal breaks and meal periods
- How to properly apply the weighted average when an employee works two or more jobs at different pay rates for your organization
- Whether an employee can earn holiday and overtime pay in the same week and the impact it has on overtime calculation
- How to tell if a non-exempt employee is really working even though he is not on the clock, including when donning and doffing uniforms and gear is compensable
- Tips to avoid liability for back wages and penalties for incorrect overtime calculations
- How to calculate overtime for non-exempt salaried employees
In just 90 minutes, you'll learn how to confidently handle even the most complex overtime calculation scenarios. Register now risk free.
This webinar was recorded on Friday, October 26, 2012
Calculating Overtime: HR's Pay Practice How-To for Federal Wage & Hour Law Compliance
About Your Speaker:
Allen M. Kato is an attorney in the Employment Practices Group of Fenwick & West LLP in San Francisco. His practice concentrates exclusively on representing management in wage and hour, equal employment opportunity, wrongful termination, privacy, unfair competition, and trade secret matters, and litigating individual and class action lawsuits before courts and agencies. He also trains managers and human resources professionals on a regular basis.
The use of this seal is not an endorsement by HRCI of the quality of the program. It means that this program has met HRCIs criteria to be pre-approved for recertification credit.
CREDIT INFORMATION: This program has been approved for 1.5 recertification credit hours through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
