DOL's new PAID program and FLSA compliance

DOL's new PAID program and FLSA compliance: What you need to know
13 Jul 2018
- 01:00 PM to 02:00 PM EST
60 Minutes

This webinar will give employers an opportunity to come forward with known fair labor standards act violations and correct them with less cost to the companies. This is a temporary pilot program so now is the time to act for employers.

DOL's new PAID program and FLSA compliance: What you need to know

Dayna is currently the Director of Payroll Operations at Ann & Robert H. Lurie Children's Hospital of Chicago. Dayna has been heavily involved in the payroll field over 17 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During her tenure at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association.

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13 Jul 2018 - 01:00 PM to 02:00 PM
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Overview

In March of 2018 the Department of Labor released a news release detailing out the new PAID (Payroll Audit Independent Determination) pilot program. This program will give employers an opportunity to come forward with known fair labor standards act violations and correct them with less cost to the companies.

The Wage and Hour Division’s (WHD) new nationwide pilot program, the Payroll Audit Independent Determination (PAID) program, facilitates resolution of potential overtime and minimum wage violations under the Fair Labor Standards Act (FLSA). The program’s primary objectives are to resolve such claims expeditiously and without litigation, to improve employers’ compliance with overtime and minimum wage obligations, and to ensure that more employees receive the back wages they are owed—faster.

Under the PAID program, employers are encouraged to conduct audits and, if they discover overtime or minimum wage violations, to self-report those violations. Employers may then work in good faith with WHD to correct their mistakes and to quickly provide 100% of the back wages due to their affected employees.

This webinar will explain the program in detail and give the participant a chance to determine the value of PAID program for your organization.

Areas Covered

  • What is the PAID program
  • How does the PAID program work?
  • What does it mean to participate in the PAID Program?
  • PAID Program Eligibility Requirements
  • Review of FLSA requirements
  • How to conduct a self-audit?
  • How to handle potential payments
  • Resources

Learning Objectives

  • Understand what the PAID Program is and what it is not
  • Review what parts of the FLSA the PAID program covers
  • Gives tools on what laws an employer may be in violation of that the PAID program.
  • PAID program requirements along with what disqualifies a company from being accepted into the program.
  • How the PAID program audit works and how corrections are made.
  • How the PAID program legally protects employers and employees
  • And more

Why You Should Attend

This webinar will give employers an opportunity to come forward with known fair labor standards act violations and correct them with less cost to the companies. This is a temporary pilot program so now is the time to act for employers.

Who Should Attend

  • Payroll Professionals
  • Human Resources Professionals
  • Accounting Professionals
  • Tax Professionals

What You Get

  • Training Materials
  • Live Q&A Session with the Speaker
  • Participation Certificate
  • Earn 100 Loyalty points with every booking. You can redeem one live webinar with 300 loyalty points.

At the Q&A session following the live event, ask a question and get a direct response from our expert speaker

Important Note

  • For Live webinar attendee, you can find webinar joining details at user dashboard. (Create an account)
  • Live webinar attendees can download the participation certificate & credit points from dashboard after approval.
  • For Web download - You can download recorded video & handouts from user dashboard after Live webinar session.

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