DIRECT DEPOSIT

HRFL

We only have about 1/2 of our 1200 employees using direct deposit. We are changing our policy, to REQUIRE all new employees to opt for direct deposit. However the existing employees, we are told that we cannot force them to participate in direct deposit. Does anyone have any ideas of how to encourage employees to use direct deposit?

HRsage

I'm not a fan of requiring ee's to have direct deposit, but I understand why companies do so. We do not require it but we highly encourage it. We passed out a flyer with the "Top Ten Reasons" to have DD.
It included things like not having to come in if it's your day off to pick up your check, not having to wait in line at the bank, you can lose your check- you can't lose a DD. Things like that.

Just try to have the ee's see the benefit for having DD. Of course you won't win them all.

Also check your state regs if you plan to mandate DD for all ee's.

hrjax

would you happen to have a copy of the top 10 reasons you used? Thanks.

System

This must be direct deposit season or something - someone from Conn. asked the same thing. I don't think you can mandate direct deposit in Fla. The state statute is FSA § 532. I haven't looked at it, but it's probably in the Subscribers Area of this website.

James Sokolowski
HRhero.com

Cinderella

James - nice sales pitch! x:D

amwkim

NOt everyone can legally have a bank account. What happens if you hire an employee, they don't have an account. Do you terminate?

Balloonman

Because our employees work at a variety of sites, while we could not require it, we did let them know if they did not sign up for it......we would mail their checks, no longer would they be delivered to the job sites.

The majority signed up, those that did not, so far about 1/3rd or more have since signed up since the postman has not delivered their check in a timely fashion :-)

My $0.02 worth.
DJ The Balloonman

hrjax

I like that approach.