Chapter 2 Review Quiz. 1.What are exempt employees exempt from? C.Both A &B 2.A waitress is paid $2.25/hr and she receives tips, which aver $150.00 week.

Slides:



Advertisements
Similar presentations
Risk Management Initiative: Wage and Hour Issues for Employees and Supervisors Module Office of the Vice President for Ethics and Compliance Office of.
Advertisements

GCCISD Timekeeping Meeting By Pete D. Pape, CPA Bruce Sorrell Brittney Sawyer Renee Napier Charlotte Pogue.
Overtime & Fair Labor Standards Act Revised December 2, 2009.
It’s About Time Presented by City of Titusville, Florida John McKinney
Payroll Accounting 2013 Bernard J. Bieg and Judith A. Toland CHAPTER 2 COMPUTING WAGES & SALARIES Developed by Lisa Swallow, CPA CMA MS.
FAIR LABOR STANDARDS ACT (FLSA) AND MORE MICHIGAN MUNICIPAL LEAGUE Public Employment Law Seminar January 23, 2013 Presented by:John J. Gillooly Garan Lucow.
Presented by: April Underwood, Compensation Consultant Scott Shimoda, Compensation Consultant 2013 Fair Labor Standards Act (FLSA)
FAIR LABOR STANDARDS ACT TO INCLUDE FAIR PAY The Fair Labor Standards Act (FLSA), enacted in 1938, and amended to include the Fair Pay Act of 2004 is the.
7–1 McQuaig Bille 1 College Accounting 10 th Edition McQuaig Bille Nobles © 2011 Cengage Learning PowerPoint presented by Douglas Cloud Professor Emeritus.
Imperative Payroll Calculations David Diaz 6/19/2014.
1 FLSA Fair Labor Standards Act 29 U.S.C., Sec. 201 et seq. Presented by Ramon Vigil Cuddy & McCarthy Law Firm NMASBO Fall Conference September 12, 2012.
Chapter 09 Payroll Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
July, 2004 Computer Jobs & the FLSA. The Fair Labor Standards Act  Regulations first passed in 1938, and recently revised, were written to provide employees.
Classified (non-exempt) Employee Meeting September 15 and 16, 2010.
Prepared by Charlie Cook The University of West Alabama © 2009 South-Western, a part of Cengage Learning Payroll Records: Assignments Chapter 10.
The Fair Labor Standards Act (FLSA) Employment Services
Introduction to Compensation. Agenda Marquette University’s compensation philosophy What is the Fair Labor Standards Act (FLSA)? Definition and differences.
Fair Labor Standards Act (FLSA)
Indiana University Bloomington Fair Labor Standards Act (FLSA) Overtime Provisions University Human Resource Services August 10, 2015.
Payroll Accounting 2012 Bernard J. Bieg and Judith A. Toland CHAPTER 2 COMPUTING WAGES & SALARIES Developed by Lisa Swallow, CPA CMA MS.
Chapter #1. Section #1.1 Compute payroll deductions and net pay. Identify optional and required employee benefits and recognize their value.
FLSA Training for Supervisors: Part V
Fair Labor Standards Act April 5 & 6, U.S. Dept. of Labor In Fiscal Year 2006 The Wage and Hour Division collected $172 million in back wages for.
Compliance 911 Guide to Calculating the Regular Rate of Pay CALIFORNIA EMPLOYMENT LAW SERIES.
9-1 Payroll Kirkwood Community College March 2, 2009 Presented by Sanh Tran, MBA, CPIM, CTL.
SHOW ME The MONEY Just how much do you know about how people get paid?
Copyright 2005 Fair Labor Standards Act Mary Elizabeth Davis.
Payroll Computations, Records, and Payment
© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 8 Income and Taxes  Objectives:  Types of income  Regulations affecting pay  Examples of benefits  Employment classifications and effect on.
Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting.
PAYROLL ACCOUNTING. WHAT IS PAYROLL?  Payroll – total amount earned by all employees for a pay period.  Pay Period – an amount of time over which an.
1 Review: Fair Labor Standards Act (FLSA) District Overtime Compensation Presented to SAISD Non-Exempt Employees Presenters: Campus Principal/Department.
Copyright © 2015, 2011, and 2007 Pearson Education, Inc. 1 Chapter 6 Payroll Section 1 Gross Earnings: Wages and Salaries.
CHAPTER 6 GROSS EARNINGS. IDENTIFY TERMS Compensation Salary, wage, pay or benefits received for the performance of service Double Time Twice an employee’s.
Management Managing Employee Reward Systems Fair Labor Standards Act Minimum Wage Provision –$5.15 / hr. –Advantages - wage floor, min. standard.
Gross Earnings, Wages and Salaries Chapter 6: Payroll Section 6.1.
Unit 4 Determining Gross Earnings McGraw-Hill/Irwin Copyright © 2006 The McGraw-Hill Companies, Inc. All rights reserved.
US Department of Labor Wage and Hour Division Fair Labor Standards Act Presented by the US Department of Labor Wage and Hour Division.
Illinois Minimum Wage Law 820 ILCS 105/1-16. Coverage Covers all Illinois employers with four or more employees Family members are not included in sole.
Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting.
Chapter 12 Payroll Accounting
Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting.
Chapter 2 – Earning Money 2.3 Additional Earnings.
Ch 12: Payroll Accounting Ms. Alltucker Accounting II.
Presented By: Heather A. Giambra, Esq., Schröder, Joseph & Assoc., LLP.
Overtime. What is it? Either: A)Working over 8 hours a day Or B) Working over 44 hours a week *All employees must be paid overtime for overtime hours.
Chapter 2 – Earning an Income 2.1 Wages and Salaries.
Gross Earnings, Wages and Salaries Chapter 6: Payroll Section 6.1.
HR Compliance Unit 3: FLSA. Commonly Misclassified Assistant to Head of School Development office personnel Admissions Library assistant Teaching assistant.
Prepared by Johnny Howard © 2015 South-Western, a part of Cengage Learning.
Taxes & Spending Calculating Gross Earnings 4.01A – Explain taxes on income. “We make a living by what we get; we make a life by what we give.” Sir Winston.
Changes to the Exemptions to the FLSA Overtime Pay Requirements Office of Human Resources and Workforce Diversity.
Compensable Hours Worked by FLSA Nonexempt UW System Employees Office of Human Resources and Workforce Diversity.
Classification of Employees Chris Jozwiak & Cassie Navarro Baillon Thome Jozwiak & Wanta LLP Penelope Phillips October
SHOW ME The MONEY Just how much do you know about how people get paid? UNIT 3 TAXES AND BANKING.
Special Payroll Calculations
FLSA Revisited: Avoiding Overtime Issues Samuel L. Jackson Lewis, King, Krieg & Waldrop Nashville – (615)
Copyright © 2005 Thomson Business & Professional Publishing. All rights reserved.12–1 Learning Objectives  Identify the two general types of compensation.
Employee or Independent Contractor Presented to HIREDTEXAS July 19, 2016 Hiring On.
Agenda Fair Labor Standards Act (FLSA)
Fair Labor Standards Act (FLSA)
Fair Labor Standards Act
Pay, Benefits, and Incentives
Supervisor Training Recordkeeping.
Overtime 101 Top 10 #1 responsibilities for compliance with the Fair Labor Standards Act (FLSA) Admin Forum –April 8, 2008 Colleen Dutton Director, Compensation.
Just how much do you know about how people get paid?
The Fair Labor Standards Act: New Overtime Rules
Presentation transcript:

Chapter 2 Review Quiz

1.What are exempt employees exempt from? C.Both A &B 2.A waitress is paid $2.25/hr and she receives tips, which aver $ week. She works 40hrs a week. Which of the following is true? A.the employer is allowed to reduce her cash wage to no less than $2.13/hr 3.What is the 201 Federal Minimum Wage $7.25/hr BONUS QUESTION What is the Michigan Minimum Wage $7.40/hr 4.A non-exempt employee works in Connecticut but lives in Massachusetts. The min wage in CT is $6.90/hr, while in MA min wage is $6.75/hr. What must the employer pay per hour? A.$6.90/hr

Chapter 2 Review Quiz 5.Which of the following is excluded in calculating an employee’s regular rate of pay for overtime purposes? C.4 hrs paid but not worked 6.What type of pay is included in the regular rate of pay calculation? D.Production bonus 7.The proper definition of EPA is: A.Equal Pay Act = Fair Labor Standards Act Provision 8.An employee is paid $10/hr. He worked 45 hours in a workweek and received a $50 production bonus. His total compensation is D.$ Calculation: $10.00/hr x 45hrs = $ plus the bonus $50.00 = $ $ divided by 45 hrs = 11.11/hr $10.00 x 45 = $ x.5 = $5.56 x 5 = $27.80 Total Gross Pay $ = $527.80

Chapter 2 Review Quiz 9.According to the FLSA, wage are due no less than: B.No specific provisions 10.Under the FLSA a workweek is: D.168 consecutive hours = 7 days/ 24hrs 11.The minimum salary requirement for an exempt outside salesperson is: B.$0 12.Which of the following employees is most likely to be considered an exempt professional employer under the FLSA? C.an engineer 13.An exempt public sector employee works 44hrs in a workweek. Accrued compensatory time off must be recorded as: C.0 hrs 14.The following employee is a maintenance worker at the local amusement park. The employee is paid an hourly rate of $10/hr. Last week the employee worked the following schedule. Calculate the employee’s gross pay. SunMonTuesWedThurFriSat A.$ Calculation Add up hours =54 hours 54 hrs x 10.00/hr = $ x.5 = $5.00 x 14hrs = Total Gross Pay $610.00

Chapter 2 Review Quiz 15.Employee is an offshore 24hr work assignment. While on this assignment, the employee spends 10hrs of uninterrupted time sleeping in his living quarters. The employee must be compensated for how many hours for the day under the FLSA? A.16hrs you can only deduct 8hrs of sleep time.