Methods To Get Paid In The Workplace

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Payday is an exciting time for anyone with a job, whether it is part time or full time. They have worked hard for almost forty hours a week, maybe more, and want to see the fruits of their labor, how ever much money it will be. Depending on the company, people will receive their pay a number of different ways, which is of course the decision of their employer. With all of the methods of payment available to companies having different benefits, it may not be a decisions they can make in a split second. Knowing this, when companies are trying to decide how exactly they will pay their employees, they will likely look at all of the options to examine which is easy, quick and convenient. Below, you can find more about the methods you can use to pay your employees and what each option entails. Paper Check …show more content…

To many, this form of payment is convenient and actually prefered by employers and employees. The only problem with this method are the fees and that there is a chance that the check could be lost in the mail or stolen. This will result in the company having to pay an extra fee for a stop payment to be placed on the first payment, the check to be reprinted and then sent out to the employee again. Direct Deposit Over the past few years, direct deposit has been increasingly popular with employers. This is mostly because they are able to cut costs that are associated paper checks and use the money they are saving for other things the business may need. This option is also beneficial to the employees because it is convenient and is not as much of a hassle as a paper check. Instead of going to the bank and waiting in line to deposit their check every time they get paid, the money is right there in their account on payday, ready to be spent however they please. Payroll

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