Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
US PAY: Direct Deposit for Special/One Time payrolls, such as a bonus payroll, question
We are on EBS 11i. We pay our employees weekly. We offer direct deposit as an option (not mandatory), and most of our employees do elect direct deposit. We do not limit the number of accounts an employee can elect, so we have a good number of employees who split their payments among two or more accounts. Assuming company financial results are good, once a year the company will pay a bonus to employees. In the past the bonus payment has been made with paper checks for everyone. We are exploring the idea of offering direct deposit for the bonus
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