Changing Payroll Frequencies – How It Can Be Done 2018


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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

HR2773

Craig Taggart

Craig Taggart has years of experience in the fields of mergers and acquisitions and business financing. Mr. Taggart works strategically with his clients to achieve the highest value for their business within the capital markets. His experience with BCC Capital Partners in the M&A industry has greatly contributed to his understanding of transaction structure, strategic placement of buyers, and the attainment of maximum market value for his clients.

He has represented and sold many businesses in a number of different industries and has significant experience working with companies in: continuing education, transportation, software and professional services. Mr. Taggart is currently working in the clean energy sector that covers multiple initiatives within M&A and corporate development.

He is a certified merger and acquisition advisor, accredited valuation analyst as well as an active member of Alliance of Mergers and Acquisition, and The National Association of Certified Valuators and Analysts (NACVA). Mr. Taggart has been a certified fraud examiner since 2011 and has owned an investigative franchise business, which focused on fraud based cases involving insurance, asset searches, surveillance, witness statements.

He earned his MBA from the San Diego State University specializing in financial management. Mr. Taggart graduated from the California State University Northridge with a bachelor’s degree majoring in organizational psychology.

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