Most states require that certain conditions be satisfied before employers can use direct deposit or payroll cards. States typically require that employees be provided at least one means of accessing their full wages each pay period without cost.
As a result, the law or administrative enforcement positions in at least 21 states can be interpreted today as allowing employers to implement purely electronic wage payment programs that offer employees a choice between direct deposit and payroll cards without also offering paper paychecks.
Going paperless may seem like a great idea but getting there is not that clear. So many considerations, so many vendors. Who do you go with, what considerations are there and how do you move forward to your ultimate goal of going paperless. This webinar presented by employment law expert, Melissa Fleischer, Esq. She will provide a step-by-step guide to taking your HR Department Paperless. From the decision of whether you want to take your entire department paperless to the issue of which vendors to use to help with each step of the process, Melissa Fleischer will guide you and discuss important information you will need to be addressing at each stage of this process.
What you will learn during this webinar:
- Pro’s and Con’s of Moving to a Paperless HR Department
- What Issues you will Need to Consider before Going Paperless
- Outsource process or keep it in-house
- Recommendations on Methods to Ease the Transition to a Paperless Department
- How to Communicate the Transition to Paperless HR to your workforce
- Review Scenarios from other Companies that Have Gone Paperless
- Comprehensive checklist of each important step you will need to go through in this process
These savings can be enormous. The Comptroller of the Currency estimates that employers can save approximately $2 per paycheck when they pay employees electronically. Agency officials also estimate that it costs $8 to $10 to replace a lost or stolen paycheck and that approximately 4 million paychecks are lost or stolen each year.
Paperless pay also eases compliance with strict wage payment statutes. For example, several states require employers to pay final wages immediately upon termination. This can be difficult, if not impossible, when terminations are unexpected. Many employers also have difficulty delivering wages during inclement weather or natural disasters. Paperless pay allows employers to deliver wages to employees in a timely manner and to comply with statutory requirements, even when faced with unexpected obstacles.
Who Should Attend:
- HR Professionals
- Payroll Professionals
- Benefits and Compensation
- Finance Professionals
- Accounting Professionals