In 2008, Federal wage and hour investigations produced $209 per investigation hour in back pay awards, the majority from overtime violations including misclassification of nonexempt employees as exempt. Since then, the DOL has increased its investigative work force by more than a third and established cooperative agreements with thirteen states, the IRS, and other federal agencies.
In May of this year, a misunderstanding of the exemption from FLSA overtime requirements under the Motor Carrier Act cost an employer $376,000 in back wage payments to 177 employees. Despite the recent US Supreme Court ruling that pharmaceutical sales representatives are exempt from FLSA overtime requirements, employers should remain cautious in classifying employees as exempt given the increase in agency emphasis on proper employee classification under federal and state labor laws.
Join Patrick Haggerty, CPA/CMA, for a webinar covering exemptions under the FLSA.
In this webinar you will learn:
Register quickly and easily online to secure your space now. Or, please call 1-800-372-1033 option 6, then sub-menu option 1, and refer to date and title of conference. Lines are open Monday through Friday from 8:30 a.m. to 7:00 p.m. ET, excluding most federal holidays.
Don't miss this opportunity to hear a lively, dynamic presentation. Not only are Webinars an excellent way for you to stay current; with Bloomberg BNA you also get:
In addition, you'll receive:
Bloomberg BNA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org
Prerequisite: No prerequisites requiredLevel: Basic
Delivery Method: Group-Internet
Advanced Preparation: None requiredRecommended CPE Credit: 1.5
Recordings of the program do not qualify for CPE credits. For more information regarding administrative policies such as complaint and refund, please contact our offices at 800-372-1033.
Patrick Haggerty, CPA/CMA
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 IOMA's Payroll Practitioner's Monthly.