Its a fact of life: employees must be paid. If you own a business, whether large or small, you cannot get around this fact. However, you can simplify the whole payroll process by choosing a debit card system. A direct debit payroll system eliminates the need to cut and cash checks and allows the money to be deposited directly into an employers account. They can retrieve the money through a debit card or a prepaid credit card and eliminate the extra time, effort and money of the check payment system.
Not convinced that a debit card payroll solutions service is right for your company? Below weve listed three benefits to using the direct debit that may change your mind:
You are helping the environment. Weve all seen the facts and figures about the state of the environment and we also all know that we should be doing something about it. By switching to a debit card payroll system, you are actually doing something about it.
The debit card payroll solutions can limit the amount of paper as the process is all electronic. You can choose to give out pay slips in paper or electronically which most technological-savvy employees prefer anyway.
You are making it easier for your employees (and yourself). Every time you give your employees a check, it is up to them to head to the bank, pay the fee and cash the check. For those with families and engagements outside of work, this can be very frustrating. With direct debit, you are making it a lot easier for them to receive money without having to make that extra trip to the bank. This small gesture will go a long way in your employees eyes.
Your employees will also be thrilled with this new system. They can receive money directly to their account which limits the need to visit the bank to deposit their check. They can simply withdrawal what they need and keep the rest in their savings account.
Consider this: if you are a small business with a payroll of only 10 people, cutting checks every second week most likely only takes a night to do. However, with direct debit, you are not paying anything at all, and, furthermore, according to calculations by the APA and American Bankers, you can stand to save almost 20$ monthly and over $200 annually.
In a world where almost everything is electronic and where these is no such thing as too fast or too easy, the debit card payment plan offers a simple way to keep up to this fast paced world without paying for it. Business owners all over the globe are discovered the debit card payroll system? Isnt it about time you join them?
Not convinced that a debit card payroll solutions service is right for your company? Below weve listed three benefits to using the direct debit that may change your mind:
You are helping the environment. Weve all seen the facts and figures about the state of the environment and we also all know that we should be doing something about it. By switching to a debit card payroll system, you are actually doing something about it.
The debit card payroll solutions can limit the amount of paper as the process is all electronic. You can choose to give out pay slips in paper or electronically which most technological-savvy employees prefer anyway.
You are making it easier for your employees (and yourself). Every time you give your employees a check, it is up to them to head to the bank, pay the fee and cash the check. For those with families and engagements outside of work, this can be very frustrating. With direct debit, you are making it a lot easier for them to receive money without having to make that extra trip to the bank. This small gesture will go a long way in your employees eyes.
Your employees will also be thrilled with this new system. They can receive money directly to their account which limits the need to visit the bank to deposit their check. They can simply withdrawal what they need and keep the rest in their savings account.
Consider this: if you are a small business with a payroll of only 10 people, cutting checks every second week most likely only takes a night to do. However, with direct debit, you are not paying anything at all, and, furthermore, according to calculations by the APA and American Bankers, you can stand to save almost 20$ monthly and over $200 annually.
In a world where almost everything is electronic and where these is no such thing as too fast or too easy, the debit card payment plan offers a simple way to keep up to this fast paced world without paying for it. Business owners all over the globe are discovered the debit card payroll system? Isnt it about time you join them?
About the Author:
To ensure you get the best debit card payroll system, compare your options and review the pros and cons of all the payroll solutions offered by various companies.
