FPC - Study Set 2
What are exempt employees exempt from? - ANS-Overtime, min wage
The following types of employees are classified as exempt from the FLSA's minimum wage and
overtime requirements. The last is NOT. - ANS-EXEMPT:
-Professional
-Outisde salesperson
-Administrative.
NOT EXEMPT:
-Computer repairman
Tip credit can be used to reduce employees hourly rate only if they receive more than $___ a
month from tips. - ANS-$20.
If receive tips, can reduce wage down to ____/hr - ANS-$2.13
Is the wage decided from state lived in or state worked? - ANS-Worked
Police officers receive OT after ___ hours in a work period - ANS-171 hours
Firefighters receive OT after ___ hours in a work period - ANS-212 hours
Firefighters and policeofficers work period is ___days - ANS-28
Hospital/ nursing work period is ___ days - ANS-14
8/80 rule applies to - ANS-Hospital and assisted living facilities.
A non-exempt employee working at a hospital can work more than 40 hours a week and not be
paid overtime? True or false? - ANS-True.
What type of compensation is not included in calculating an employees regular rate of pay for
OT purposes?
-shift premium
-production bonus
-4 hours paid not worked
-4% cost of living adjustment. - ANS-4 hours paid not worked.
What type of pay is included in the regular rate of pay calculation?
-discretionary bonus
, -paid sick leave
-paid vacation leave
-production bonus - ANS-Production bonus
What is the total weekly compensation calculation? - ANS-Regular rate of pay (.5)(OT hours) =
OT premium
OT premium + Regular rate of pay = Total compensation
5 year record retention for documents" - ANS--occupational illnesses and accidents
-other OSHA records
4 year record retention for documents (according to IRS) - ANS--duplicate copies of tax returns
-returned copies of w-2
-canceled/ voided checks
-employees name/ SS/ address occupation
-amount and date of payments for wages, tips, etx.
-record of allocated tips
-amount of wages subject to withholding
-taxes withheld
-copies of form w2
-agreements to withhold additional amounts
-dates when employee was absent due to injury and received payments
-dates when employee was absent from work and payments were made under a contingency
plan
-copies of forms 941, 940, 945, w2, w3, schedule b, 1099 MISC, etc.
3 year record retention for documents (according to FLSA) - ANS-Name of employee
-hours worked each day/ week
-amount and day of payment
-amounts earned for straight time and OT
-collective bargaining agreements
-sales and purchase records
-Form I-9
3 year record retention for documents (accordin to FMLA) - ANS-Name, address, occupation
-additions to total compensation
-dates of FMLA leave
-copies of written FMLA notices
-copies of general notices provided to employees
-plan descriptions
-premium payments
-records of any disputes
2 year record retention - FLSA - supplemental - ANS--time cards
What are exempt employees exempt from? - ANS-Overtime, min wage
The following types of employees are classified as exempt from the FLSA's minimum wage and
overtime requirements. The last is NOT. - ANS-EXEMPT:
-Professional
-Outisde salesperson
-Administrative.
NOT EXEMPT:
-Computer repairman
Tip credit can be used to reduce employees hourly rate only if they receive more than $___ a
month from tips. - ANS-$20.
If receive tips, can reduce wage down to ____/hr - ANS-$2.13
Is the wage decided from state lived in or state worked? - ANS-Worked
Police officers receive OT after ___ hours in a work period - ANS-171 hours
Firefighters receive OT after ___ hours in a work period - ANS-212 hours
Firefighters and policeofficers work period is ___days - ANS-28
Hospital/ nursing work period is ___ days - ANS-14
8/80 rule applies to - ANS-Hospital and assisted living facilities.
A non-exempt employee working at a hospital can work more than 40 hours a week and not be
paid overtime? True or false? - ANS-True.
What type of compensation is not included in calculating an employees regular rate of pay for
OT purposes?
-shift premium
-production bonus
-4 hours paid not worked
-4% cost of living adjustment. - ANS-4 hours paid not worked.
What type of pay is included in the regular rate of pay calculation?
-discretionary bonus
, -paid sick leave
-paid vacation leave
-production bonus - ANS-Production bonus
What is the total weekly compensation calculation? - ANS-Regular rate of pay (.5)(OT hours) =
OT premium
OT premium + Regular rate of pay = Total compensation
5 year record retention for documents" - ANS--occupational illnesses and accidents
-other OSHA records
4 year record retention for documents (according to IRS) - ANS--duplicate copies of tax returns
-returned copies of w-2
-canceled/ voided checks
-employees name/ SS/ address occupation
-amount and date of payments for wages, tips, etx.
-record of allocated tips
-amount of wages subject to withholding
-taxes withheld
-copies of form w2
-agreements to withhold additional amounts
-dates when employee was absent due to injury and received payments
-dates when employee was absent from work and payments were made under a contingency
plan
-copies of forms 941, 940, 945, w2, w3, schedule b, 1099 MISC, etc.
3 year record retention for documents (according to FLSA) - ANS-Name of employee
-hours worked each day/ week
-amount and day of payment
-amounts earned for straight time and OT
-collective bargaining agreements
-sales and purchase records
-Form I-9
3 year record retention for documents (accordin to FMLA) - ANS-Name, address, occupation
-additions to total compensation
-dates of FMLA leave
-copies of written FMLA notices
-copies of general notices provided to employees
-plan descriptions
-premium payments
-records of any disputes
2 year record retention - FLSA - supplemental - ANS--time cards
