Employers face special challenges when calculating overtime for non-exempt salaried employees. Overtime calculations themselves are simple once the regular hourly rate is determined, but determining the regular hourly rate can be challenging. 

Payroll professionals must take into consideration commissions, bonuses and other special wage payments, piece rates, shift differentials, multiple pay rates, and actual hours worked during a workweek when making their calculations.

Join Patrick Haggerty, CPA, as he provides guidance on:

• Avoiding the pitfalls of artificial wage rates
• When bonus payments must be included in the regular rate of pay
• Computing the regular rate of pay for non-exempt salaried employees
• Allocating retroactive pay increases to affected pay periods
• Computing overtime rates when an employee has multiple regular pay rates
• Salary rates that include overtime pay 
• The special challenge of semi-monthly pay periods
• Computing the overtime rate for piece rate workers 

Patrick Haggerty, CPA

 
Patrick Haggerty is an educator, tax consultant, and author. His career includes non-profit organization management, banking, manufacturing accounting and tax practice. Since 1988 he's taught accounting at the college level and regularly speaks before business and professional groups. He is a Certified Management Accountant, holds a Michigan CPA license, and is an Enrolled Agent licensed by the US Treasury Department to represent taxpayers before the IRS. He is the author of the popular "Ask Professor Payroll" column published in Bloomberg BNA/IOMA's Payroll Practitioner's Monthly.