Issue: Many employers no longer pay by cash or even check. The trend is to move to either direct deposit or pay cards (someday cell phone). Without the use of paper checks, the employee is no longer receiving a copy of their paystub on a regular basis. Many companies now use some form of online or computerized system for employees to access their paystubs, however, many employees do not bother to look at these electronic paystubs on a regular basis, or even at all. Questions to be Answered: 1) What is one important reason from an employee’s perspective that employee’s should always review their paystub each payday? 2) What is one important reason from an employer’s perspective that employee’s should always review their paystub each payday? 3) What is one creative method a payroll professional can use to help an employee understand their earnings, deductions, and pay method so that the better understand the information on their paystubs?
AP#6
Issue: Many employers no longer pay by cash or even check. The trend is to move to either direct deposit or pay cards (someday cell phone). Without the use of paper checks, the employee is no longer receiving a copy of their paystub on a regular basis. Many companies now use some form of online or computerized system for employees to access their paystubs, however, many employees do not bother to look at these electronic paystubs on a regular basis, or even at all.
Questions to be Answered: 1) What is one important reason from an employee’s perspective that employee’s should always review their paystub each payday?
2) What is one important reason from an employer’s perspective that employee’s should always review their paystub each payday?
3) What is one creative method a payroll professional can use to help an employee understand their earnings, deductions, and pay method so that the better understand the information on their paystubs?
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