Handling Abandoned (or unclaimed) Wages Correctly 2014

Topics

• What laws or regulations cover unclaimed wages
• When are wages considered abandoned
• What processes to take to correctly report and remit unclaimed wages
• What is payroll’s responsibility relating to abandoned wages
• How to establish proper procedures for tracking unclaimed wages correspondence to comply with due diligence requirements
• Liability issues—what do you do if you have an outside payroll service
• The importance of written procedures
• How to safeguard unclaimed wages from unauthorized and improper release
• Steps to surviving an audit

Who should Attend

Payroll and human resources professionals.