When a business flourishes and a company progresses, it is largely due to the effort of a happy workforce. No business can thrive without a happy team and no team can be happy if they are always owed salaries or they are not cool with the method of payment adopted by the organization they work for.
Salary and wage are one of the crucial links between workers and hirers. Hence, it is important to maintain this bond. On payday, many companies distribute signed paychecks. While this is encouraging, it is not enough. Issuing a paycheck doesn’t mean salary has been paid. It is only a means to the payment of salaries. There are still a number of processes to go through before money can be released to the employee. This check must be taken to the bank for processing. Bank transactions are not always straightforward. Firstly, there is a long queue to navigate and secondly, the banks have their mode of operation when it comes to checks and salaries. This may take a bit of time and it could cost the worker to forfeit some stuff if the money is needed urgently. Direct deposit into the bank account of all workers is the best way to pay salaries.
With the direct deposit method, there’d be no need to do any paperwork. All that is needed is accurate figures from the timesheet and payroll and the rest is history. Without breaking a sweat, all workers will receive notification of a credit alert into their bank accounts. It also helps the employer and safeguards the company from fraud that may arise from having too many paychecks. Salaries can be split into different accounts for workers if they want. The best professional service firm for this type of transaction is E-pay payroll.
We were established almost three decades ago and we have since grown in size and customer base. Our brand is now so big that we have an office in fifty states in the country. There is no aspect of the professional services that we do not cover. We do auditing, recruitment, employee training, employee compensation, business incorporation, employee monitoring, and financial advisory services.
You can get across to us on (909) 393-0410 Ext 103 or (866) 340-8132. We can also be reached via email. For bookings and reservations, send a mail to [email protected].