- Speaker : Dayna Reum
- Session Code : DRAUG2422
- Date : 24th August 2022
- Time : This Event is Over and the Recorded Content is Available
- Duration : 60 Mins
Final Paycheck Requirements for Payroll Professionals - What to Know?
Overview:
This webinar will go into detail that employers face when paying terminated associates.
And will review everything to final pay to stock options and payments to employees that may occur years after their termination.
Along
with reviewing the difficult situation when you have to pay terminated
employee's legal settlements. Will also cover the tax implications and how to
handle taxes and several different types of termination pay.
Areas
Covered in the Session:
- Review
of different types of term pay from vacation pay to golden parachute payments
- Discussion
around Stock options and Deferred compensation after termination
- Taxation
concerns regarding payments made to terminated employees
- Timing
of final pay for terminated employees including state law requirements
- Year-end
concerns
- Discussion
around death payments paying and reporting
- How
to handle legal settlements
- Record
Retention Concerns
- Best
Practices
Why
should you Attend?
Because
of the complexity of payments and laws in several states protesting terminated
employees. It is important for payroll to understand these laws to ensure
compliance.
Who
Will Benefit:
- Payroll Professionals
- HR Payroll
Dayna is currently the Director of Payroll Operations at a major medical center in 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 Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures.
Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll.
Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA.
Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.
Enrollment Options
Tags: Final, Pay, Check, Requirements, Payroll, Dayna, Reum, August 2022, Webinar