Payroll service providers who have a fidelity bond (aka dishonesty bond) protect the business owner if the money ever goes to the wrong person or entity.
Payroll service providers who have a fidelity bond (aka dishonesty bond) protect the business owner if the money ever goes to the wrong person or entity.
Giving employees the option to have their payroll funds deposited via direct deposit into their banking account(s) is both a convenience and a benefit for them and an employer.
Employees do not have to take the time to make the trip to their bank or worry about losing their paycheck.