Wage Deductions: What You Can & Can’t Deduct from an Employee’s Wages (Rec)
Wage Deductions: What You Can & Can’t Deduct from an Employee’s Wages (Recorded)
Date and time
Location
Online
Refund Policy
About this event
Course Description:
When paying an employee, employers are supposed to calculate an employee’s gross wages in payroll by meticulously following strict regulations regarding “hours worked” and “taxable income”. The employee then receives his or her “net pay”. But there’s a whole lot in between.
What if an employee damages an employee’s property? Can the employer deduct the cost from the employee’s wages? Can you make an employee pay for a uniform or similar items?
Are you adhering to applicable federal and state regulations: Failure to do so can result in substantial penalties and interest.
In this 90-minute presentation, we will offer insight into how to protect your company and stay compliant with laws regarding employee wage deductions.
Why Should you Attend this Webinar:
In a nutshell, we will discuss what you as an employer can and cannot be deducted from an employee’s paycheck – both the regular and final one. We will include a brief overview of child support and its limits, federal and state tax levies, which credit garnishments you can and must honor, voluntary wage assignments for payday loans, fringe benefits and several other related topics.
What must an employer deduct from an employee’s wages? What can be deducted legally? What can never be deducted? These questions and more must be answered correctly before processing that paycheck. If you don’t deduct the proper income taxes, the IRS (and corresponding State Taxation Dept) might assess penalties. If you make other illegal deductions from an employee’s pay, the US and/or State Dept’s of Labor may come knocking on your door.
Does your employee have any say over any of those deductions? In this webinar, we’ll explore the answers to these and many other questions. Strict regulations apply to calculating an employee’s gross wages, particularly regarding what is counted as “hours worked” and “taxable income”. When deducting from an employee’s gross wages to determine net income, an employer must adhere to the regulations or risk being subject to penalties and interest, which can add up to significant amounts. In this webinar, you will learn how to protect your company while complying with wage deduction laws. We will focus on federal laws and general legal principles that apply to all (or most) states and may use specific state examples.
Areas Covered:
- Taxes—which are mandatory, which are a courtesy, and which ones the employee controls;
- Child support—the limits but not beyond
- Tax levies—federal and state
- Creditor garnishments—how many can you honor and how often
- Voluntary wage assignments for payday loans—when are they required to be honored;
- Fringe benefits (e.g., health insurance, group term life)
- Uniforms
- Meals—can they ever be part of the employee’s wages?
- Lodging— employee’s wages or a perk?
- Shortages—can you deduct them from wages?
- Breakage—does an employee have to pay for them out of wages?
- Overpayments—how do you recoup them?
- Advanced vacation pay—can you take them back when the employee quits?
- Loans to employees: what terms can you set what you do when the employee leaves or is terminated?
- Employee purchases
- Anti-wage theft laws and the states
Who Will Benefit:
- Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
- Human Resources Executives/Managers/Administrators
- Accounting Personnel
- Business Owners/Executive Officers/Operations and Departmental Managers
- Legislators
- Attorneys/Legal Professionals
- Any individual or entity that must deal with the complexities and requirements of Payroll Compliance and are considering making a change in Payroll Frequencies
Instructor Profile:
Janette S. Levey, “The Employer’s Lawyer” has over 20 years of legal experience, more than 10 of which she has spent in Employment Law. It was during her tenure as sole in-house counsel for a mid-size staffing company headquartered in Central New Jersey, with operations all over the continental US, that she truly developed her passion for Employment Law.
Janette operates under this core belief: It is possible, and it is in an employer’s best interest, to proactively solve workforce challenges before they become problems, before they result in lawsuits or steep fines caused by government audits.
Janette works with employers on most employment law issues, to ensure that employers are in the best position possible to avoid litigation, audits, employee relations problems, and the attendant, often exorbitant costs. Janette authors the firm’s weekly blog, where you can read each week, in plain English (not legalese) about issues impacting employers today. Janette has written articles on many different employment law issues for many publications, including EEO Insight, Staffing Industry Review, @Law, and Chief Legal Officer.
Janette has served on the Workplace Violence Prevention Institute, a multidisciplinary task force dedicated to providing proactive, holistic solutions to employers serious about promoting workplace safety and preventing workplace violence.
Janette currently serves as an Advisory Board Member for Child and Family Resources of Morris County, New Jersey.
Janette has also spoken and trained on topics, such as Criminal Background Checks in the Hiring Process, Joint Employment, Severance Arrangements, Addressing and Preventing Employee Leave Abuse, Pre-Employment Screening among many, many others.
Refund and Cancellation Policy
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2. Non-Refundable Situations:
- Refunds will not be given to participants who do not attend the webinar or cancel within 24 hours before the webinar start time.
- On-Demand Recordings are non-refundable. However, participants may request access to alternative webinars in exchange.
3. Webinar Cancellation:
- GRC Training Online reserves the right to cancel a Live Webinar due to insufficient enrolment or unavoidable circumstances.
- Attendees will be notified at least 24 hours in advance if a webinar cancellation occurs, and a full refund will be provided.
4. Substitution Policy:
- Substitutions of registered participants can be made at any time before the webinar starts. Please inform us of any substitution requests to ensure smooth registration.
5. Feedback and Concerns:
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Note:
- Refunds will be issued using the same payment method used for registration.
- GRC Training Online reserves the right to modify this Refund and Cancellation Policy at any time without prior notice. Any changes will be effective immediately upon posting on our website.
For any questions or clarifications regarding this policy, please contact us at marketing@grctrainingonline.com or +1-302-433-6276.
Thank you for choosing GRC Training Online for your training needs. We look forward to providing you with valuable learning experiences.
Frequently asked questions
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