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The check’s in the mail—or the money’s already in the bank

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in Office Management,Payroll Management

Could paper checks be making a comeback? If you ask any rep whose bank allows remote deposit via a smartphone, the answer would be a resounding “Yes.” And that’s bad news for you, since paper checks are expensive.

What about paycards? Can you steer employees to paycards instead of checks or direct deposit? Yes, but you can’t require them.

Paycard class action settles. A class-action lawsuit filed in Pennsylvania state court, which has been kicking around since 2013, has finally settled, to the tune of $3 million. What happened: The plaintiffs, employees at a fast food establishment, alleged the store manager told them they had to activate their paycards so they could be paid. Employees could withdraw their entire net pay fee-free, but due to poor communication, they didn’t understand that option. As a result, they incurred fees for ATM withdrawals, balance inquiries, etc. (Sciliano v. Mueller, No. 2013-7010, Pa. ...(register to read more)

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