You are using an unsupported browser. Please update your browser to the latest version on or before July 31, 2020.
close
You are viewing the article in preview mode. It is not live at the moment.

REMINDER: Register or log in to your HappyFox account to gain access to ALL LWG Knowledge Base information. 

Showing articles from Payroll tag

Why Is Accurate Timekeeping Important?

Accurate timekeeping ensures that you are paid correctly for all time worked and helps Leeds West Groups comply with federal, state, and local wage and hour laws. Accurate timekeeping protects: * Your pay and employment rights * The Company’s legal and payroll compliance * Fairness and consistency across teams…

When Do Benefit Deductions Start, Stop, or Change?

At Leeds West Groups, benefit deductions are applied based on benefit effective dates and pay dates, not pay period start or end dates. This can sometimes make deductions appear earlier or later than expected. Quick Answer Benefit deductions start or stop on the first pay date after the benefit effective date, ev…

When Will I Receive My Final Paycheck?

At Leeds West Groups, final paychecks are issued in accordance with applicable state wage and hour laws, which vary by state. Quick Answer The timing of your final paycheck depends on where you work and how your employment ends (voluntary or involuntary). How Final Pay Timing Works * Some states require imme…

Why Didn’t I Receive Overtime Even Though I Worked More Than 40 Hours?

Quick Answer This is most often related to exemption status or pay structure. If you are paid under a qualifying commission-based role and meet the 7(i) exemption criteria, overtime may not apply. Common Reasons * You qualified for the 7(i) overtime exemption. * Your role is otherwise exempt from overtime unde…

Can I Cash Out My PTO?

Quick Answer Only Automotive Technicians are eligible to cash out up to 40 hours of PTO per anniversary year. PTO Cash-Out Details * Eligibility: Automotive Technicians only * Maximum cash-out: Up to 40 hours per anniversary year * PTO must be accrued, available, and unused at the time of request Cash-O…

What Is the Difference Between Gross Pay and Net Pay?

At Leeds West Groups, we want team members to feel confident in understanding their pay and how amounts on their pay statement are calculated. Quick Answer Gross pay is the total amount you earn before any deductions. Net pay is the amount you receive after all required and authorized deductions are taken out. …

What Is a 529 College Savings Plan?

Quick Answer A 529 college savings plan is a tax-advantaged investment account designed to help families save for future education expenses. Key Features * Funds can be used for qualified education expenses. * Contributions are made with post-tax dollars. * Investment growth may be tax-free when used for elig…

My Social Security Number Is Incorrect. How Do I Fix It?

Quick Answer Social Security number corrections must be handled by HR. What You Need to Know * It is crucially important that your Social Security number be accurate at all times during employment for employment eligibility, tax reporting, and payroll compliance. * Proof of your correct Social Security number …

Why Is My Net Pay Lower Than Expected?

At Leeds West Groups, we understand that differences between what you expect to earn and what you receive can be concerning. In many cases, a lower net pay is related to standard deductions or one-time pay changes. Quick Answer Your net pay may be lower than expected due to taxes, benefit deductions, bonus or sup…

What Happens to My PTO If I Leave the Company?

At Leeds West Groups (LWG), PTO payout at separation is governed by state law and company policy. Quick Answer LWG does not pay out unused PTO upon termination, whether voluntary or involuntary, except where required by applicable state law. How PTO Is Handled at Separation * In most states where LWG operate…

scroll to top icon