Mandating direct deposit in arizona

If you cannot read this document, please download the free Acrobat Reader at January 24, 2011 Switching to an electronic payment program can save costs, but until recently Michigan employers could do so only with employee "consent." Last month the Michigan Legislature changed the law so that employers can now require employees to accept their paychecks by means of an electronic payment system.

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An employee must not be required to pay any cost that the employer may incur in paying wages or establishing an electronic payment system.

With respect to mandatory payroll debit cards, the law also requires the following: The terms of the card cannot be changed without 21 days written notice to the employee, and the card cannot be linked to any form of credit, including cash advances or loans against future pay.

As we continue to improve the travel advance and reimbursement process for the main campus and VIMS, the Financial Operations office is implementing a mandatory direct deposit program for employee travel advances, travel reimbursements, and miscellaneous reimbursements.

Before the end of March, all William and Mary and VIMS employees with payroll direct deposit will be automatically enrolled in the accounts payable direct deposit program.

To sign up for direct deposit; log on to your student portal, select the financial services tab, then select the Direct Deposit link on the left side.

Financial Operations is implementing a mandatory direct deposit program for employee travel advances, travel reimbursements, and miscellaneous reimbursements.Because an electronic payment system can be an important money saver, employers should consider making the switch, but must be wary of the statutory requirements.Employers operating in more than one state must also consider the law in each of those states.The funds should be available in your bank account within 2-5 business days.Please check with your financial institution if you have questions about the timing of funds availability.The attached document provides the details of this payment.

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