Employee Classification - Exempt or Non-exempt
The misclassification of employees has been a hot topic with the IRS and the Wage and Hour Department (DOL) for years. Efforts to identify and audit employers who deny proper minimum wage and overtime protections due to the misclassification of workers as minimum wage and overtime exempt have been greatly increased. The Questionable Employment Tax Practices Initiative (QETP) is a little-known program that can trigger multiple audits to one employer - simultaneously. The IRS and the Department of Labor have made their positions very clear that employers who do not pay employees all wages due risk heavy fines and penalties.Understand and Use the standard tests for each exemption categoryIdentify when a worker must be considered non-exemptExplain how to create a job description that defines the exempt classificationUnderstand the reality of simultaneous audits and investigations under the QETPRealize case law examples of major organizations that paid out millions of dollars for misclassification errors involving assistant managersIdentify when you may or may not deduct an exempt worker’s payRealize solid reasons to begin tracking your exempt employee’s work timeLearning ObjectivesIf your business receives a visit from an auditor or investigator will your classification process pass the test? Do you know which tests apply to your overtime-exempt positions?If you determine an employee has been misclassified, what next?This webinar will help you answer these questions and many othersWho Should AttendEmployers, HR Managers, Chief Financial Officers, Payroll and Accounting Managers, Payroll processing professionals.
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The misclassification of employees has been a hot topic with the IRS and the Wage and Hour Department (DOL) for years. Efforts to identify and audit employers who deny proper minimum wage and overtime protections due to the misclassification of workers as minimum wage and overtime exempt have been greatly increased. The Questionable Employment Tax Practices Initiative (QETP) is a little-known program that can trigger multiple audits to one employer - simultaneously. The IRS and the Department of Labor have made their positions very clear that employers who do not pay employees all wages due risk heavy fines and penalties.
- Understand and Use the standard tests for each exemption category
- Identify when a worker must be considered non-exempt
- Explain how to create a job description that defines the exempt classification
- Understand the reality of simultaneous audits and investigations under the QETP
- Realize case law examples of major organizations that paid out millions of dollars for misclassification errors involving assistant managers
- Identify when you may or may not deduct an exempt worker’s pay
- Realize solid reasons to begin tracking your exempt employee’s work time
Learning Objectives
- If your business receives a visit from an auditor or investigator will your classification process pass the test?
- Do you know which tests apply to your overtime-exempt positions?
- If you determine an employee has been misclassified, what next?
- This webinar will help you answer these questions and many others
Who Should Attend
Employers, HR Managers, Chief Financial Officers, Payroll and Accounting Managers, Payroll processing professionals.
