Timekeeping & Payroll Recordkeeping: Legal Compliance for 2018
It's never been more important for you to track employees' time correctly and keep accurate records of those hours and minutes. Why?
- Employee wage-and-hour lawsuits have exploded nationwide, up 400% in the past 15 years, fueled by new rules and bad recordkeeping. (see chart)
- While Obama's proposed overtime salary threshold is dead, the threshold is still likely to increase in the next year or two. The new DOL chief supports a $10K increase to about $33,000.
- All the recent media talk about overtime and pay discrimination has generated more employee interest (and lawsuits) about their right to overtime pay and their status (exempt vs. nonexempt? Independent contractor vs employee?).
- A recent U.S. Supreme Court ruling gives you fresh incentive to keep immaculate time records (employees can now use "sampling" to justify timekeeping lawsuits).
- The outgoing Obama administration poured millions of additional DOL budget dollars into increased wage-and-hour enforcement, which means beefed-up workplace scrutiny. The Trump administration has not rescinded these enforcement initiatives.
- The IRS got more money, too – and it hired 700 new enforcement agents who will mostly be tasked with payroll audits. Why? Because that's where the easy money is!
On Thursday, April 5, join payroll expert Alice Gilman, Esq., the editor of Payroll Legal Alert, for our timely webinar, Timekeeping & Payroll Recordkeeping: Legal Compliance for 2018. You'll discover:
- What the DOL and IRS look for in your time and pay records – and how to minimize the damage (and liability) of your mistakes.
- The best practices in tracking time (paper? electronic?) for different types of employees – exempt/nonexempts, telecommuters, etc.
- The one common misstep in correcting employees' time records that will make you a DOL target.
- How to legally respond when time records are missing, inaccurate or incomplete.
- How to spot errors in your timekeeping, including the 3 most common causes of unpaid working time and the 2 FLSA safe harbors that can save you.
- Which are the vital tax records you must keep. (Hint: it's more than just copies of tax forms you've already filed!)
- The legally safe way to track time for exempt employees. (Too much or too little gets you in trouble!)
- How to set up a timekeeping system for employees who work at home.
- Plus, answers to all your own questions about timekeeping and recordkeeping from a payroll superlawyer!
The bottom line: All tax and wage & hour audits depend on the quality of your records. Bad records will sink you every time. And while it's more important than ever to stay in compliance, it's also more complex.
On April 5, let Alice explain in plain English how you can master this core HR responsibility – and keep your organization out of court!
Pat DiDomenico, Editorial Director
Payroll Legal Alert
P.S. Two Registration Bonuses. Each webinar attendee will receive a copy of our 2018 Payroll Checklist. This 14-page, step-by-step compliance guide will notify you of each deadline and action item required for every pay period, month and calendar quarter of 2018; You'll also receive A Manager's Guide to Lawsuit-Free Documentation, a 19-page report that can help you train your management team to create a paper trail that won't land you in court.
P.P.S. Extra Added Bonus. You'll also get a full month of access to PayrollLegalAlert.com – our exclusive, members-only website. Our helpful articles, forms, tables and charts will help you improve every aspect of your payroll operation – and your website also includes the comprehensive Payroll Compliance Handbook. So that you continue to benefit from PayrollLegalAlert.com, we'll continue your access automatically for just $89 per quarter, until you tell us "no, thanks" – your choice.
P.P.P.S. We promise you'll be satisfied. If this webinar fails to meet your needs in any way, we will refund 100% of your tuition – no hassles, no questions asked. Your conference materials, website access and registration bonuses are yours to keep.
CD Recording & Download: $197
Webinar, CD Recording & Download: $297
Since this is a webinar, you and your entire staff can attend in the comfort of your office or conference room for one low price! You may include as many people as you wish while listening on a single phone line or computer. Contact us for multi-site discounts.
About Your Speaker:
Alice Gilman, Esq., is an expert in payroll and tax compliance who has covered payroll issues for more than 26 years. She's written and edited several leading payroll publications, including Business Management Daily's Payroll Legal Alert, the Research Institute of America's Payroll Guide, Prentice Hall's American Payroll Association's Basic Guide to Payroll and the Payroll Manager's Letter. She's also the editor of Business Management Daily's Payroll Compliance Handbook and The Complete FLSA Compliance Kit.
Each webinar attendee will receive a copy of our 2018 Payroll Checklist. This 14-page, step-by-step compliance guide will notify you of each deadline and action item required for every pay period, month and calendar quarter of 2018. The handy checklist will walk you through an entire year of payroll compliance. The checklist has been recently updated to include every step of compliance with the Affordable Care Act (ACA).
While it's usually up to HR to meet state and federal recordkeeping requirements, managers need to have good knowledge of their responsibilities, too. This 19-page report, A Manager's Guide to Lawsuit-Free Documentation, can help you make sure your paper trail and recordkeeping practices won't land you in court. It's full of practical advice and real-life examples, plus a true-or-false test to keep your managers on the right path.
Extra Added Bonus:
You'll also get a full month of access to PayrollLegalAlert.com – our exclusive, members-only website. Our helpful articles, forms, tables and charts will help you improve every aspect of your payroll operation – and your website also includes the comprehensive Payroll Compliance Handbook. So that you continue to benefit from PayrollLegalAlert.com, we'll continue your access automatically for just $89 per quarter, until you tell us "no, thanks" – your choice.
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