Employees appreciate the safety and convenience. Employers like how it helps their company's bottom line. Here's how direct deposit saves time and eliminates problems . Bypass the check cashing routine Losing productivity while employees stand in long, payday bank lines becomes a thing of the past. Direct deposit means their wages are already in their accounts on payday.
Direct deposit provides a benefit highly appreciated by employees.
Speed check reconciliation People doing the books love direct deposit. There's no long, drawn out process as checks get cashed. All direct deposit amounts can be reconciled on payday. Eliminate special payments Employees who are on vacation, traveling on business, or out sick have their money on payday. No checks to be mailed, no special arrangements, no inconvenience for employee or employer.