Recent lawsuits and complaints from employees have sparked investigations into the use of payroll card programs and the fees they can carry. Many employers issue payroll cards to avoid the expense of paper checks. Payroll cards offer an instant, paperless payment method to employees who do not have access to a bank account and are unable to enroll in direct deposit. However, as with direct deposit programs, the use of a payroll card program comes with regulations that vary greatly by state.
Showing posts with label payroll outsourcing. Show all posts
Showing posts with label payroll outsourcing. Show all posts
Tuesday, July 16, 2013
PEOs Help Employers Understand Payroll Card Laws
Recent lawsuits and complaints from employees have sparked investigations into the use of payroll card programs and the fees they can carry. Many employers issue payroll cards to avoid the expense of paper checks. Payroll cards offer an instant, paperless payment method to employees who do not have access to a bank account and are unable to enroll in direct deposit. However, as with direct deposit programs, the use of a payroll card program comes with regulations that vary greatly by state.
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