This seminar is designed for payroll professionals, human resource personnel, accountants, controllers, business and office managers, CFOs, finance directors, bookkeepers and CPAs.
Payroll professionals need to understand the legal aspects of payroll management. This course offers accountants, payroll managers and human resource professionals the opportunity to review relevant rules and regulations. Participants in this course will increase their knowledge of payroll laws and improve their ability to effectively manage and administer the payroll.
Topics to be discussed include:
• Who Must Be On Payroll
• Overview Of The Fair Labor Standards Act
• Payment Of Wages Under New Mexico Law
• Benefits Pre-Tax And After Tax Issues
• Deductions From Pay
• Statutory Time Off
• Family Medical Leave Act
• Payroll Reports And Recordkeeping
8:30 a.m. - 9:00 a.m.
I. Who Must Be On Payroll
A. Employee v. Independent Contractor
B. Temporary And Leased Employees
9:00 a.m. - 10:00 a.m.
II. Overview Of The Fair Labor Standards Act
A. Exempt v. Non-Exempt Employees
B. Paying Non-Exempt Employees For “Hours Worked”
C. Overtime Compensation For Non-Exempt Employees
D. Compensatory Time Off
10:00 a.m. - 10:30 a.m.
III. Payment Of Wages Under New Mexico Law
A. Pay Day Intervals
B. Pay Stubs
C. Discharge/Resignation From Employment
10:30 a.m. - 10:40 a.m.
10:40 a.m. - 12:30 p.m.
IV. Benefits Pre-Tax And After Tax Issues
A. Section 125 Cafeteria Plans
B. Qualified Medical Child Support Orders (QMCSO)
C. Domestic Partner Benefits
D. 401(k) Plans And Pension Plans
E. Catch-Up Contributions
G. Recent Developments
12:30 p.m. - 1:30 p.m.
Lunch (On Your Own)
1:30 p.m. - 2:15 p.m.
V. Deductions From Pay
A. Permissible Deductions
1. Exempt Employees
2. Non-Exempt Employees
B. Court Ordered Deductions
2. Child Support
2:15 p.m. - 2:45 p.m.
VI. Statutory Time Off
A. Armed Forces Reservists
B. Voting And Jury Duty
2:45 p.m. - 2:55 p.m.
2:55 p.m. - 4:00 p.m.
VII. Family Medical Leave Act
A. Overview Of Statute
B. When Does The FMLA Apply?
C. Managing Paid v. Unpaid Time Off
D. Discretionary Time Off
E. Differences Between FMLA And ADA
4:00 p.m. - 4:30 p.m.
VIII. Payroll Reports And Recordkeeping
B. Reporting Requirements
C. Unemployment Benefit Issues