This past month we celebrated Earth Day and it reminded us that every action we take, no matter how small, can make a difference in protecting our planet. At Dominion Payroll, we are committed to reducing our environmental impact and making sustainable choices. Two easy ways to help with our efforts and have a positive impact is by switching to digital payment methods like direct deposit or pay cards instead of receiving a paper check and going paperless for year-end forms. There are many benefits to these digital methods for both the planet and yourself.
Before wanting to make the switch, you might be asking yourself how direct deposit and pay cards work. Direct deposit is a convenient and secure electronic payment method that allows individuals to receive funds directly into their bank account without the need for paper checks. Instead of a paper check, the funds are transferred electronically to your own bank account(s). Another digital payment alternative you can choose is a pay card, which does not require you to have a bank account. Pay cards are prepaid debit cards that employers can use to pay their employees instead of issuing a paper check or paying through direct deposit. Wages are added to the card every pay period, which can be accessed by the employee, and used to withdraw cash from ATMs, make purchases, and pay bills.
So now that you know your options, why should you consider switching to direct deposit or pay cards. And why should you consider going paperless for year-end forms?
It’s Faster
With direct deposit or pay cards, you’ll receive your money faster than with a paper check. The funds are deposited directly to your account on payday so you’re no longer waiting for the check to arrive in the mail or waiting for the check to be cleared by your bank after depositing. With the funds already in your account, you are able to access and use them at your convenience! Similarly, going paperless for year-end forms allows you to view the forms as soon as they are uploaded, you no longer have to wait for them to be delivered to your house.
It’s More Convenient and Secure
Has your heart ever skipped a beat when you went to go grab your check before heading to the bank and can’t find where you last put it? With direct deposit or pay cards, you no longer need to worry about misplacing your paper check or it getting lost or stolen in the mail, which could put your personal and financial information at risk. Say goodbye to waiting in line at the bank, with these digital methods, the funds will be available in your account for your immediate use.
It’s More Environmentally Friendly
By going paperless whether for your pay or for year-end forms you are helping save trees and reduce the amount of paper waste that ends up in landfills. Printing, processing, and mailing the papers associated with checks and W-2s also require a significant amount of energy, which contributes to greenhouse gas emissions. By switching to digital methods, you’re eliminating paper checks and forms and helping to reduce the amount of energy required to process these papers and the emissions associated with them.
As you can see, the benefits of switching to digital methods are clear! You receive your payments and forms faster and it’s more convenient and secure than by mail. While you’re helping yourself, you’re also helping save trees and our planet by reducing waste. Consider switching to these digital methods to improve efficiency, reduce cost, and provide a better overall experience for yourself.
Ready to start making a change?
Click here to learn how to set up direct deposit. To see how to access your W-2s paperlessly for our adaptive site click here and for our classic site click here.
Contact us at customerservice@dominionpayroll.com or at 877.DPS.PAYU for additional questions.