Payroll
» Payroll, Volume 6, Issue 1, 2006
If respondent's firm offers employees direct deposit.
6d. What is the most important reason that you instituted direct deposit?
| Response | ||||
|---|---|---|---|---|
| 1 | It's administratively easier and more reliable | 35 | ||
| 2 | Employees asked for direct deposit | 29 | ||
| 3 | Help employees manage their personal finances | 5 | ||
| 4 | Employees don't have to find a place to get their checks cashed | 12 | ||
| 5 | Other | 13 | ||
| 6 | DK/Refuse | 5 | ||
| Total (%) | 99 | |||
| N | 260 | |||
Notes: Thirty-five (35) percent of small employers who offer employees direct deposit report the most important reason for doing so is that it is administratively easier and more reliable than the alternatives (Q#6d).
