What is Your Payroll IQ??

Take the following quiz to test your Payroll-Law I.Q on these very common situations:

1. None of your well-paid employees is a minimum wage earner and you don't even have a position that will ever pay that little. Do you have to display that federal minimum wage poster?

2. Not displaying your minimum wage poster is a violation of .....

a. FLSA
b. OSHA
c. EEOC
d. Nothing

3. Is business use of a company vehicle taxable?

4. Willful violations of FLSA laws may be prosecuted criminally and each breach can cost you up to.....

a. $5k
b. $10k
c. $50k

5. A second willful violation of FLSA laws can land you in

a. Legal hot water
b.Court
c. Jail
d. All of the above

6. The statute of limitations for recovering back pay in normal circumstances is......

a. 18 months
b. 2 years
c. 5 years

7. Which situation takes priority in wage garnishments?

a. Federal Guaranteed Student Loans
b. Chap 13 Bankruptcy Order
c. Family Support Payments

8. A family Support order is taking 25% of an employee's disposable earnings. Can any other garnishments be added to the employee's paycheck?

9. Is the personal use of a company car taxable?

10. A terminated employee never picks up his last paycheck. All efforts to contact the employee have failed. How long do you have to wait to "reclaim" that employee's pay?

a. 2 years
b. 5 years
c. 10 years
d. Forever
e. Depends on the State












Answers:

1. Yes, 2. A, 3. No, 4. B, 5. D, 6.B, 7.B, 8. Maybe-Additional Family Support Orders, Tax Levy, or a Bankruptcy Order can be added, 9. Yes, 10. E