The state of Kansas passed legislation that allowed employers to select their employee pay method. The legislation
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The state of Kansas passed legislation that allowed employers to select their employee pay method. The legislation was known as the “paperless payroll law,” and many employers opted to give their employees paycards instead of cash, check, or direct deposit. This practice spread to many other states, including New York. In 2017, the law was revoked because it made employers into de facto financial institutions.
What are the issues with this practice? What are the benefits?
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The practice of giving employees pay cards instead of cash check or direct deposit has both advantag...View the full answer
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Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
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