Handling The Premium Portion of Overtime: To include in or exclude from the Direct Labor Base, that is the question
Session Description:
The treatment of the premium portion of overtime pay remains a question for many A/E firms. In this session, we’ll tackle the ever-present question: should the premium portion of overtime be included in your direct labor base or removed from it? We’ll dive into established A/E policies and procedures, and accounting system set up and how these decisions impact cost recovery. We will discuss the latest interpretations by auditors and state DOTs. Bring your questions, insights, and challenges as we navigate this complex issue together.
Hosted by: MH Miles
Series Information:
This session is part of a five-part series, but you’re welcome to join any session that interests you. Browse and register for all sessions here:
Session 1: Beyond the Safe Harbor Rate
Session 2: Demystifying the New AASHTO Guide Appendix A- CPA Workpaper Review Program
Session 3: Reasonable Compensation
Session 4: Balancing Overhead Allocations Between Field and Home Office Cost Pools
Session 5: Handling The Premium Portion of Overtime
The Accounting and Small Business Forum is free of charge and only open to ACEC Georgia Member Firms and Supporting Members.
If you are not a member of ACEC Georgia, please contact rachael.sadler@acecga.org.
Disclaimer: Virtual option may run the risk of experiencing technical difficulties. You will receive the link in the registration confirmation. The link will also be emailed to registrants the day of the meeting.