This blog post was written by Sherri Fielding
Now more than ever employees are trying to make ends meet and are living paycheck to paycheck. Why not help your employees by providing them with information on how they can save time and be assured that their money is secure and more readily accessible?
The benefits of Direct Deposit are numerous, but simply stated:
- Direct Deposit allows your employees extra time! They no longer need to run to the bank after their shift in order to deposit their payroll check.
- Direct Deposit guarantees their payroll checks are deposited into their account each pay date on time, every time.
- Direct Deposits are confidential. No more worrying about who will see the information on their payroll check
- Funds are deposited electronically and the percent of fraud is highly reduced.
- Direct Deposits are a safer option.; The employees will no longer be receiving a check; therefore, they will no longer worry about losing the check and hassling over a reissue and the cost to reissue. Help provide your employees with peace of mind. Provide them the essential information needed to help them gain financial control with Direct Deposit.
For more information on human resource or employer programs, contact Xenium HR at 503-612-1555 or visit www.xeniumhr.com. The staff at Xenium HR contributed to this article. It is intended as information only and is not a substitute for legal advice. Xenium HR is a professional employer organization specializing in strategic HR partnership with small and mid-sized businesses in Portland, Oregon.