Payroll

• Min wage = $7.25 / hour,
• State & Fed, then take higher of the two,
• Pay periods, rest, meals, lodging, uniforms, etc.

• Tax on EEs and ERs ,
• Social Security & Medicare.

• Tax on ERs used to pay state and Fed unemployment program.
• SUTA used to pay state unemployment benefits.

Establishes Equal Empl Opportunity, forbiding discrimination re: hiring, firing, compensating, based on race, color, religion, gender, or natl origin.

If ER not covered by Civ Rights Act, has a contract with US Govt. Fed govt has banned discrimination on fed contracts based on race, color, religion, gender, or natl origin.

Prohibits ERs from disctriminating based on age. Provides protection for all workers over 40. ERs must keep records.

All states must establish new-hire reporting programs. Name, address, SS #. 

Helps in enforcement of child support. Reduces fraud in unempl, workers comp.

Bars ERs from hiring unauthorized aliens. ERs must file I-9 form on aliens hired.

• Requires ERs to grant workers unpaid leave for family medical emergency for as many as 12 weeks. 
• ERs can exempt:
• highest 10% earners
• those who haven't worked a year.

• Iff Co, has a pension fund, all EEs over 21 who have worked for 1 year must have pension.
• Vesting - right to share in retirement fund even if terminated before retirement age. Once vested, EE has right to receive pension even if not working for firm at that time.

• Protects EEs and dependents against losses due to work-relate injury, illness or death. 
• Rate variable depending on exposure of EE. Office worker less than machine worker.

Multicolumn form used to assemble and summarize data at end of each payroll period. Provides detailed listing of Co's complete payroll for that period.

• Provides complete info about accumulated earnings of each EE. 
• ERs use EE earnings record to prepare Form W-2, Wage and Tax Statement.

• Benefits paid to retired workers.
• EE and ER must contribute to taxes while employed.
• Aka: OASDI.

• Medical health insurance for retired workers. 
• EE and ER must contribute while working.

Taxes withheld by ER based on %age of gross pay.

• Prohibits ERs with ≥ 15 EEs from discriminating against  qualified persons with disabilities because of their disability.
• Accommodations for disabled must be provided.

Provides minimum wage for all laborers on US govt contracts ≥ $10k.

• ERs can consult state laws. 
• Can be used in limited situations.

• Successful applicant notified of starting date, time, where to report. Hiring notice is sent to Payroll Dept to add him to payroll. 
• Info is pay rate, SS#, nr of WH on W-4 .

Insurance paid to workers injured, ill, or die on the job.

• Provides for workers in case of illness or pregnancy outside of work. 
• Gives up to 26 weeks. 
• FOr pregnancy, 6 weeks, but can add another 6 weeks with FMLA. 
• You get a %age of salary, and ERs can supplement with vacation, sick leave, etc.

• Personal info,
• Educational background,
• Employment experience,
• Type of work sought,
• References.

• Civil rights laws re:
• race, color, religion, gender, natl origin, or age.
• (Are allowed if are bona fide occupational qualifications.)

• Aptitude tests,
• Psychological tests,
• Allowed to ask for age, but must then include stmt that ADEA prohibits age discrimination.

• Contains info about character, reputation, mode of living. 
• ER must notify in writing that this is being sought.

• Personal info,
• Education background,
• Work experience,
• Type of ee desired,
• References.

• Personal info,
• Start date, 
• Pay rate,
• Nr of withholding allowances on W-4.

• Contains info on all EEs pay rates, gross pay, deductions, net pay for pay period and YTD. 
• Used for:
• General Journal entries,
• to prove satisfaction of FLSA.

• Payroll info on each EE. 
• Info for each pay period and YTD. 
• Used to prepare W-2.

Amount of wages paid to each worker. ER must provide to EE at end of year.