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Employers, employees see benefits from direct deposit.

Publication: Mississippi Business Journal
Publication Date: 27-NOV-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Employers, employees see benefits from direct deposit.(Insurance & Employee Benefits)

Article Excerpt
Many workers never actually touch their paychecks as direct deposit becomes more prevalent. According to the Electronic Payments Association, automated clearing house payments, including direct deposits, have doubled in the last five years, spurred by growth across all transaction categories. Almost three-quarters of working Americans use it for their pay.

Human resources professionals in Mississippi agree that depositing employee paychecks directly into bank checking accounts is a good thing for organizations of all sizes, providing benefits to employers and employees.

4-County Electric Power Association in Columbus has used the payroll method for 12 years for its 105 employees and it's satisfied with it.

"It's wonderful," said Connie Otts, human resources and benefits administrator....

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