About This Course:
The IRS and DOL are changing forms, rules and regulations at a dizzying rate. After waiting 3 years, when they tried to encourage keeping workers employed, they are catching up on changes in many areas.
These include overtime, independent contractors, the I9, W4 and many more. Anybody who works in HR or payroll knows that non-compliance can come with a heavy price. This means that accurate and updated policy and procedure manuals are more important than ever.
With the furious pace of regulation changes, it is most important that policy and procedure manuals keep up with them. This can ensure that staff and management perform payroll operations effectively and efficiently. We will discuss the logical reasons for keeping them. Learn about the difference between a Business Process Guide and Standard Operating Procedures. Both are important but have distinct functionality. Learn what is most important for your business.
We will discuss in detail proven techniques that result in the finest policy manuals. WE encourage businesses to start over if they have to, or analyze their current manuals for important details. Identify who the manuals are for, make sure they have access, and know that they can understand and benefit by their use.
What techniques work to promote staff input? How can you use graphics to simplify complex functions? Where can you go to get the latest, complete information about compliance issues and regulations? Find out the answers to these important questions and much more.
Finally, I will have samples of several topics that are found in payroll procedure manuals. They present 1-2 page this to consider and follow in payroll operations. You will also be able to request similar procedures for more than 10 common payroll functions. Mark also has much more information for those who want the most out of this webinar. Then, all you have to do is tailor them to your business operations and sleep much better at night knowing things will go smoothly in payroll!
Employers should ask themselves if their policy and procedure manuals address the following:
- Do I have workers who live in one state and work in another? What are the requirements for SUTA and SIT for these workers? What are other ramifications of creating a business nexus ?
- Do I have workers (such as a sales force) that travel routinely to fulfill their job duties? Do policy and procedure manuals adequately address tax rules for travel pay?
- Does our policy and procedure manual allow managers to train payroll and hr new hires for quick confidence in their job duties?
- Are our policy and procedure manuals easy to follow? Do the staff know who to come to for guidance and assistance?
- Are there plans to keep the policy and procedure manuals up to date?
What You'll Learn:- Why written procedures?
- BPG vs SOP
- Techniques for Brainstorming
- Techniques for Summarizing
- Putting together the manual
- Testing procedures
- Items to include in procedures
- Finalizing the procedures
- Distribution
- Real Procedure manual examples
Top FAQs
Payroll Administrators must be able to:
- Properly "classify" workers
- Apply the various exemptions
- Calculate gross pay and properly make deductions
- Correctly identify, pay, and withhold taxes for employees
- Administer deferred compensation, cafeteria plan, sick pay, and other compensation
- Handle stock options, expense reimbursements, relocation, and other "expenses"
- Follow the proper policies, procedures, and documentation requirements for garnishments and levies
- Properly complete and file all required reporting requirements
- Correctly complete year-end requirements and establish year-beginning requirements
- Implement and maintain fraud, audit, disaster recovery, and record retention processes and procedures
Payroll is much more than just handing out paychecks, and includes a variety of responsibilities such as handling garnishments, travel pay, multi-state taxation, unclaimed paychecks, and much more in a timely and accurate fashion.
While many payroll-related regulations are federally-governed, there also are many state requirements, including those for handling garnishment, final paychecks, and unclaimed paychecks. Each state's requirements differ in the details, so be sure to check your state's requirements by clicking the applicable link(s) at the bottom of this page.
In addition to ensuring that employees are paid correctly and on time, "Payroll" has numerous time and reporting requirements. The primary payroll areas include paychecks, reporting, operations, and management.
Absolutely!
There are several major and many minor requirements, some federal and some state specific.
In business since the mid-1990's, we have over 25 years of experience delivering high-quality training content via seminar, webinar, online, and other formats. Each of our courses are delivered by an industry expert who will share his or her years of experience to help you be in compliance, smarter, and more productive, and almost all offer SHRM and HRCI credits.
Continuing Education Credits:
Click the 'Credits' tab above for information on PHR/SPHR, PDCs, and other CE credits offered by taking this course.
