End of Employment Review for the HR and Payroll Professional (08-21-26)- A/V

CPE Credit: 1 hour

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.

This course will go into detail what employers face when paying terminated associates.  We will review everything from final pay to stock options and payments to employees that may occur years after they terminate.  Along with reviewing the difficult situation when you have to pay terminated employee’s legal settlements.  We will also cover the tax implications and how to handle taxes are several different types of termination pay.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

· Identify key federal and state requirements affecting final wage payments, including differences associated with voluntary and involuntary terminations.

· Determine the appropriate payroll and tax treatment of termination-related payments, including regular wages, accrued vacation and PTO, severance, salary continuation, and other post-employment payments.

· Apply appropriate payroll procedures to special termination circumstances, including employee deaths, legal settlements, year-end reporting, and unemployment-related payments.

· Recognize employer compliance responsibilities associated with workforce reductions, including the WARN Act and distinctions between severance payments and supplemental unemployment benefits.