Changing Payroll Frequencies – How It Can Be Done 2018
December 11, 2018 - Online Event ON CAWebinar Compliance
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Phone:1-416-915-4458
When it comes to changing payroll frequencies, in addition to compliance issues there are issues that deal with timing, systems, and employee earnings and fringe benefit accruals. For example, deciding when to implement the pay frequency change can impact a myriad of other issues including the impact on issuing Forms W-2 if done prior to January 1; the effect on salary employees if done mid-year; and calculating fringe benefits if they are based on a time frame such as a per payroll period. Areas Covered in the Session : Understanding the need for the change The choices available Compliance issues involved The change’s impact on payroll The change’s impact on employees The change’s impact on systems and procedures Key communication factors to include at all stages of the change Formulating the plan to implement the change Testing the change before implementation Implementation and the outcome Who Should Attend: Payroll Departments Human Resources Departments Accounting Departments Business Owners Lawmakers Attorneys or any individual or entity that must deal with the complexities and technicalities within the payroll process