{"id":8613,"date":"2020-08-12T12:08:43","date_gmt":"2020-08-12T16:08:43","guid":{"rendered":"https:\/\/gtm.com\/business\/?p=8613"},"modified":"2024-08-30T11:09:21","modified_gmt":"2024-08-30T15:09:21","slug":"benefits-of-direct-deposit-for-employees","status":"publish","type":"post","link":"https:\/\/gtm.com\/business\/benefits-of-direct-deposit-for-employees\/","title":{"rendered":"What are the Benefits of Direct Deposit for Employees?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8614\" src=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/2020\/08\/benefits-of-direct-deposit-for-employees.jpg\" alt=\"benefits of direct deposit for employees\" width=\"1024\" height=\"683\" srcset=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/2020\/08\/benefits-of-direct-deposit-for-employees.jpg 1024w, https:\/\/gtm.com\/business\/wp-content\/uploads\/2020\/08\/benefits-of-direct-deposit-for-employees-980x654.jpg 980w, https:\/\/gtm.com\/business\/wp-content\/uploads\/2020\/08\/benefits-of-direct-deposit-for-employees-480x320.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/>With the pandemic causing a lot of uncertainty and anxiety, you want to make sure you can get your paychecks on time, while still maintaining social distancing protocols. Using your employer&#8217;s direct deposit service is a great way to do this. It&#8217;s the safe and easy way to get paid during COVID-19 or any time.<\/p>\n<p>There is more security and control with direct deposit than with cashing a check, plus you&#8217;ll save time and often have access to your funds earlier.<\/p>\n<p>And during times when many employees are working from home, you need to be assured that you will have timely access to your pay without having to pick up a paper check in person or wait for it to be delivered.<\/p>\n<h2>Benefits of Direct Deposit for Employees<\/h2>\n<ul>\n<li>No lost, stolen, or misplaced checks<\/li>\n<li>No time spent at the bank or ATM<\/li>\n<li>Access to funds earlier than with paper checks<\/li>\n<li>Receive payments even when you are sick or out of town<\/li>\n<li>Paychecks can be deposited directly into more than one account, such as savings or an emergency fund<\/li>\n<li>Wages can be deposited to a payroll card account or to a prepaid card account<\/li>\n<li>Your financial institution may waive monthly maintenance charges or other fees if you use direct deposit<\/li>\n<li>Benefit checks, pension payments, and investment income can all be paid via direct deposit<\/li>\n<\/ul>\n<p>Whether it&#8217;s during a health crisis or business as usual, direct deposit can save time and ease your mind about getting access to your wages.<\/p>\n<p>GTM clients can directly deposit employees\u2019 net pay, a percentage of their net pay, or a flat dollar amount into an unlimited number of accounts. Since a single bank handles all of our direct deposits nationwide, our streamlined process makes direct deposit more accessible for our clients, no matter where they bank. <a href=\"https:\/\/gtm.com\/business\/get-a-quote\/\">Request a free quot<\/a>e to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the benefits of direct deposit for employees is that it&#8217;s a safe and easy way to get paid during COVID-19 or any time.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[266],"tags":[11,194,103],"post_folder":[],"class_list":["post-8613","post","type-post","status-publish","format-standard","hentry","category-consulting-services","tag-business-payroll","tag-covid-19","tag-direct-deposit"],"_links":{"self":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/8613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/comments?post=8613"}],"version-history":[{"count":4,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/8613\/revisions"}],"predecessor-version":[{"id":8618,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/8613\/revisions\/8618"}],"wp:attachment":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/media?parent=8613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/categories?post=8613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/tags?post=8613"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/post_folder?post=8613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}