{"id":2467,"date":"2015-12-10T19:31:45","date_gmt":"2015-12-10T19:31:45","guid":{"rendered":"https:\/\/www.peeriosity.com\/shared-services\/articles\/?p=2467"},"modified":"2022-08-04T10:24:44","modified_gmt":"2022-08-04T10:24:44","slug":"increasing-employee-acceptance-of-electronic-pay-statements","status":"publish","type":"post","link":"https:\/\/www.peeriosity.com\/shared-services\/articles\/2015\/12\/increasing-employee-acceptance-of-electronic-pay-statements\/","title":{"rendered":"Increasing Employee Acceptance of Electronic Pay Statements"},"content":{"rendered":"

For years, Payroll organizations<\/a> have been promoting technologies that can not only reduce the cost of processing but speed up the cycle time for employees to be paid via Direct Deposit, as well as use self-service to review their pay statements.\u00a0 High rates of Direct Deposit are a given for many, but even those with excellent Direct Deposit compliance have not fully been able to reach an equal implementation percentage with electronic pay statements<\/a>, thus negating many of the cost benefits of Direct Deposit by continuing to distribute individual paper-based pay statements.\u00a0\u00a0<\/span><\/p>\n

A recent Peeriosity PeercastTM<\/sup> featured a multi-national manufacturing company that has a significant percentage of its employees that are subject to collective bargaining agreements.\u00a0 While many labor unions are supportive of the use of Direct Deposit and electronic pay statements by their members, others continue to resist their adoption for a variety of reasons.<\/span><\/p>\n

The feature company shared the following timeline related to their initiative to shift as much of their employee base to Direct Deposit and electronic pay statements:<\/span><\/p>\n