Payment Methods and Pay Advices
Director of Payroll, Customer Service and Training
It is the policy of Indiana University to pay its employees via electronic funds transfer (also known as direct deposit) to the U.S. financial institution(s) designated by each employee. It is also the policy of the university to provide each employee with electronic pay advices setting out the hours worked by the employee, the wages or salary paid to the employee, and a listing of the deductions made from the employee’s pay. To ensure that no improper deductions are made and payment amounts are correct, employees must review their pay advices promptly to identify and report all errors. This policy shall also apply to payroll payments made to retirees and terminated employees.
There are limited circumstances in which payment means other than direct deposit are permitted, including:
Payroll direct deposit is a convenient, secure, fast, and cost-effective method for delivering wage and salary payments. Direct deposit ensures employees receive their pay even if they are away from work due to travel, illness, or leave.
University Payroll shall establish and manage the processes for issuing and distributing payroll via direct deposit, paycards, and paper paychecks, and for providing employees with pay advices. University Payroll has the authority and responsibility to create, implement, monitor, modify, and enforce operating procedures and internal control processes consistent with this policy to ensure accurate and timely payment of Indiana University’s employees in compliance with the university’s legal obligations.
|Paycard Information||Michelle Parksemail@example.com|
|Paycard Information||Juletta Toliverfirstname.lastname@example.org|