Employers who do use the direct deposit method of paying wages should be aware that doing so doesn´t change the strict deadlines for paying an employee´s final wages upon termination.
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more. Employers can save over a dollar per payment by using direct deposit instead of checks.
If you're that paranoid about it, just open another account especially for direct deposit.
Some prospective employees may be credit challenged and unable to qualify for an institution to have their wages directly deposited.Direct Deposits can be easily set up and managed through the Self Service link in People Soft Human Resources.(In saving your direct deposit information you will be asked to confirm that you are complying with the OFAC requirements as stated above.) If you need instructions to set up Direct Deposit in People Soft, read the People Soft mini-manual entitled Your Personal Information on the HRS web site.Likewise, the new law will allow local governments to achieve this same type of savings by allowing counties, county colleges, municipalities, and school districts to opt for mandatory direct deposit payment for their employees.Re: Direct Deposit (Pennsylvania) You asked if direct deposit of a paycheck can be mandatory. The law is clear that employers can require employees to authorize direct deposits.Therefore, under federal law, direct deposit cannot be required.