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OnDemand Course

Fundamentals of On-Demand Pay

Decide whether pay on demand makes sense for your company and, if so, how to implement it.

In a world where almost 80% of Americans assert they are living paycheck to paycheck and 40% claim they cannot cover an unexpected $400 expense, employers looking for recruiting and retention advances have been exploring pay on demand options for their workforce. Simply stated, pay on demand gives workers the ability to access today what they earned yesterday, ahead of the traditional bi-weekly or semi-monthly pay schedules. While a niche benefit now, with only five percent of companies with a large hourly workforce using it, it is forecast that by 2023 20% of those companies will have adopted pay on demand in one form or another. This topic will help company payroll professionals and other human resources professionals to distinguish between various types of pay on demand products and programs, identify the burdens and benefits associated with pay on demand, and make a learned decision about whether pay on demand might be an option in the future. The material will explain various legal issues that arise in connection with payroll on demand, including whether certain deductions from pay are permissible, recouping overpayments or advances, assessing whether free and clear requirements are met, and determining the effect of fees on payroll obligations.

90 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What Is Pay on Demand?

  • Introduction to Pay on Demand
  • Wage Advances/Payments From Employer to Employee
  • Wage Advances/Payments From Third Party to Employee

Important Legal Issues

  • Wage Deductions, Fees and Free and Clear Requirements
  • Recouping Overpayments
  • Wage Assignment and Deduction Requirements
  • Privacy Concerns

Practical Considerations

  • Administrative Burdens
  • Setting up the Rules
  • Employee Flexibility vs. Ease of Administration
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on December 9, 2020.

Call 1-866-352-9540 for further credit information.

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Michael A. Pavlick

Michael A. Pavlick

K&L Gates LLP

  • Partner in the Pittsburgh office of K&L Gates LLP
  • Practice emphasizes all aspects of labor and employment law, with a focus on wage and hour law and traditional labor law
  • Has represented a variety of clients in cutting-edge cases and cases of first impression
  • Conducts regular seminars and workshops on numerous aspects of labor and employment compliance
  • Written several publications related to the areas of labor and employment
  • Best Lawyers’ Lawyer of the Year in 2012 for labor and employment litigation in Pittsburgh, and a Best Lawyer pick every year since
  • Former judicial clerk for U.S. Court of Appeals Judge
  • J.D. degree, magna cum laude and Order of the Coif, Case Western Reserve University; B.A. degree, magna cum laude, Phi Beta Kappa, Drew University
  • Can be contacted at [email protected]
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

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Product ID: 407328
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