States mandating direct deposit
If you have any other questions, please let me know.If not, and you have not yet, please select the "accept" button.In the absence of a state law, federal Regulation E may be followed.States usually require that employees voluntarily participate in electronic pay programs.You may also opt for paying employees through direct deposit, paychecks, or cash.Keep in mind that pay card alternatives come with their own rules and regulations.
Before rushing to pay employees via pay card, there are a few things you need to consider: Remember, pay cards are just one of the ways to pay employees.
That way, employees can view their gross wages, deductions, and net wages.
Because pay cards involve a payroll card program vendor, verify that the vendor complies with the following rules: Follow pay card regulations when deciding to offer pay cards to employees. Over half of the states have laws regarding whether employers can use pay cards.
If you have already clicked "accept", or if you will in the future, please let me know so I can track these for my own reports and customer satisfaction stats.
Author: Alice Gilman This chart summarizes the requirements under state law with which an employer must comply to pay wages to employees by direct deposit into their checking or savings accounts.
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You must offer at least one other payment option in addition to pay cards.