Know when wage payments should be classified as supplemental wages and the applicable withholding rules that apply.
On January 1, 2020, the new overtime regulations put in place by the United States Department of Labor (U.S. DOL) allows employers to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10% of the new required exempt salary level of $684 per week (or $35,568 per year for a full-year worker). This is one example of the many ways supplemental wages can be an excellent resource for employers to incentivize employees as well as augment their wages. If managed correctly, supplemental wages, as part of a total compensation package, can be an effective talent recruiting, staff retaining and marketing tool. As with all human capital management-related items, an appreciated and valued employee, is a happy employee. Happy employees provide better service to clients. Better serviced clients stay clients.
More Program Information
Agenda
More Program Information
Faculty
Tricia Richardson, CPP, SPHR, SHRM-SCP
Purposed Payroll Professional
- President, Purposed Payroll Professional
- Human capital management consultant, focuses on payroll and human resources best practices and regulatory compliance audits
- Conducts regular webinars on all topics related to human capital management and payroll processes, regulatory compliance, and best practices
- Regular contributor to Paytech Magazine
- National speaker for the American Payroll Association, Payroll Certification Study Group Leader, and Human Resource Certification Study Group Leader
- Bachelor’s degree in management studies, with a minor in psychology, University of Maryland University College
- Can be contacted at [email protected]
More Program Information
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- Live Webinars
- OnDemand Webinars
- MP3 Downloads
- Course Manuals
- Audio Recordings*
- Executive Reports
- White Papers and Articles
- Sponsored Live Webinars
Additional benefits include:
- State Specific Credit Tracker
- Members Only Newsletter
- All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.
Access to all training products for one year
$699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
