Direct Deposit of Employee Pay
University Policy Number 2201
Categorized: Human Resources and Payroll
Responsible Office: Human Resources and Payroll
Related Law & Policy:
This policy applies to all permanent and wages employees who began employment or were re-employed on or after February 1, 2002.
II. POLICY STATEMENT
Electronic direct deposit assures that an employee’s paycheck is in their checking or savings account on payday even if they are sick or on vacation. Electronic direct deposit also offers enhanced paycheck security and operational efficiencies. Therefore, electronic direct deposit is mandatory for all permanent and wage employees hired on or after February 1, 2002.
* Special note for those hired prior to 2/1/02: Payroll checks issued to employees not covered by the direct deposit rule (hired prior to 2/1/02) will be placed in the USPS mail collection one day prior to payday unless the university is closed. Normal payroll checks will no longer be available for pickup in Human Resources and Payroll for grandfathered employees.
Human Resources & Payroll, Hiring Supervisors and/or Human Resource Liaisons will be responsible for providing employees information about direct deposit requirements and procedures.
Employees will be responsible for completing and maintaining direct deposit enrollment online via Patriot Web.
The Payroll Manager will oversee the processing and transmittal of all electronic direct deposit transactions in accordance with established procedures.
IV. EFFECTIVE DATE AND APPROVAL
The policies herein are effective January 31, 2002, and were revised on February 4, 2013. This policy shall be reviewed and revised, if necessary, annually to become effective at the beginning of the University’s fiscal year, unless otherwise noted.
Maurice W. Scherrens
Senior Vice President
Peter N. Stearns
Date approved: April 26, 2006
Revised: February 4, 2013