Common Payroll Misconceptions
1 hour 30 minutes
Understand the common misconception about paying employees to ensure that your company is handling them correctly.
Many employers have misconceptions about what is actually required to pay employees correctly under federal and state wage and hour laws. There are some who absolutely believe it is illegal to force exempt employees to record their time (it is not) or that if you pay an employee for a holiday it legally must be included in the overtime calculation (it does not). Other companies are convinced that if they have a policy that states that overtime must be approved in advance or it will not be paid, is perfectly legal not to pay the overtime (it is not). This topic will help you understand the common areas of misconception about paying employees to ensure that your company is handling them correctly.
• You will be able to discuss unproductive hours eligible for compensation.
• You will be able to explain exempt vs. nonexempt vs. hourly vs. salary positions.
• You will be able to identify who should punch a time clock.
• You will be able to recognize what work time is.