Market Areas > Corporate Finance > Payroll Cards

Payroll Cards: 7 Ways to Cut Costs and Increase Employee Satisfaction

Course Description:

How can you eliminate up to 75 percent of your current payroll expenses?  That’s easy — convert to an electronic Payroll Card system. In addition to your company’s massive savings, a payroll card program practically guarantees:

• Reduction or elimination of bank service fees and account reconciliation costs, as well as stop payment fees for lost or stolen paychecks
• Elimination of your escheatment liability, as it's passed on to the financial institution that actually holds the employee's funds
• Significantly minimizing your exposure to paycheck fraud by decreasing the total number of paper paychecks produced and sent out by your organization

And that’s not all.  A paycard system also benefits the estimated 25 million unbanked employees in the US.  In fact, your employee’s paycards will immediately:

• Eliminate their check-cashing fees
• Provide 24-hour access via an ATM network
• Allow for them to purchase goods and services at point-of-sale terminals within stores
• Decrease the remote chance of not being paid timely due to unforeseen circumstances
• Improve control of their money
• Increase security, as now there’s no need to walk around with their entire pay

But before you launch a paycard program there’s a lot to consider, like: how do choose the right paycard vendor?  Which types of paycards are best to provide to your employees?  And how do you establish the necessary banking relationship that guarantees consistent and timely access to employee wages? 

Join CCM in this practical audio event to find out the answers to these questions and more.  In just 75 minutes, you’ll also learn how to:

• Significantly lower your overall payroll costs
• Transfer from a traditional paper check system to a Payroll Card system that benefits both the employee and the employer
• Encourage employees to apply for a Payroll Card
• Effectively implement and roll-out a Payroll Card program within your company
• Select a Payroll Card vendor that best suits the needs of your company
• Increase overall employee satisfaction

Plus, you’ll get the answers to your specific payroll card questions in the live Q&A session following the presentation. 

Featured Faulty

Vicki M. Lambert, CPP, President, Lambert & Associates

Vicki M. Lambert, CPP is the President of Lambert and Associates, a payroll training firm. In business since 1989, the firm is a leader in providing employers with payroll education and research. Ms. Lambert has a Bachelor’s degree, Magna Cum Laude in Personnel Management and is a Certified Payroll Professional (CPP) with over 28 years of multi-state payroll experience.

Ms. Lambert has lectured extensively throughout the United States on payroll administration and compliance issues for clients that have included ADP, CCH, Incorporated, Ceridian Employer Services and others. She has conducted in-house training programs for such clients as Fox Studios, County of Riverside CA, Sun Microsystems and others. She is a former board of advisor member for the CCH, Incorporated “Payroll Management Guide” and has authored, co-authored, or edited numerous payroll publications and newsletters.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Unable to Attend?  Order the CD!
Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

APPROVED FOR RECERTIFICATION CREDIT:

HRCI - Receive 1.5 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org.