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Direct
Deposit minimizes payroll costs associated with production, verification,
authorizing and signing, sorting, and distributing costs. With Direct Deposit,
you can save as much as $.60 for each paycheck (according to NACHA). Direct
Deposit also streamlines payroll by eliminating time spent re-issuing lost or
stolen pay checks. Account reconciliation also becomes much easier. Direct
Deposit Plus
is valued by employees, adding a strong addition to your company benefits plan.
And it’s probably the least expensive plan addition you’ll ever make.
Why do employees want Direct Deposit? No
need to change financial institutions (commercial banks, saving and loans,
savings banks, credit
unions) to get Direct Deposit Plus. Reduces need to go to the bank on busy bank days and wait in long lines or to rush to make it to the bank during banking hours. Direct Deposit Plus is posted to their account faster than a paper check, reducing the possibility of overdrafts.
Contact your payroll representative to sign up now! |
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