Is your company contemplating changing your payroll frequency?  Maybe your company has grown too large to handle a weekly payroll now, or perhaps a certain payroll cycle has become the norm in your industry.  No matter what the reason, changing the payroll frequency can be a daunting and more than slightly harrowing idea if it is approached without careful planning. Of course, legally changing payroll frequencies is permitted by the states in most cases unless it is done strictly for the purpose of avoiding overtime already worked. However, it is an arduous task and should be approached with care and a tremendous amount of research and preparation. The compliance issues that need to be addressed before making the decision to change payroll frequency include such items as: Does the state permit the frequency? And Are there any employee notifications required prior to the change being made?

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.

These important aspects of changing a payroll frequency and much more will be covered in this webinar:

• 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

Join us for this information packed webinar and gain the knowledge and insight necessary to successfully implement changes of payroll frequency for your company.

Who will Benefit:

• Payroll Professionals
• Human Resources
• Accounting Personnel
• Business Owners
• Lawmakers
• Attorneys, or any individual or entity that must deal with the complexities and technicalities within the payroll process