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OnDemand Course

Payroll Direct Deposit Laws

Understand the various law requirements that must be followed in order to validly pay employees via direct deposit or debit card.

The manner in which employees are paid, whether by direct deposit, check, debit card, or otherwise, is inherently an issue of state law. In some states, in order to properly pay an employee via direct deposit or debit card, employers must follow very particular, prescribed rules about which they may not be aware. Employers who fail to follow the required rules may be exposing themselves unnecessarily to significant penalties and damages even if they properly and timely pay their employees. This topic will help employers understand the various state law requirements that must be followed in order to validly pay employees via direct deposit or debit card and thereby minimize the risk of penalties and fines for noncompliance. It will also explain why employers cannot rely solely on their payroll companies and instead must ensure that proper procedures are followed before they pay employees via direct deposit or debit card.

Learning Objectives

  • You will be able to differentiate between state and federal pay laws.
  • You will be able to differentiate between state laws regarding Direct Deposit requirements and laws.
  • You will be able to differentiate between state laws regarding Pay Card requirements and laws related to the employer's responsibilities.
  • You will be able to differentiate between state laws regarding Pay Card requirements and laws related to the employee's rights.

91 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Federal Law

  • Only Applicable Law Is the Fair Labor Standards Act
  • No Law, Regulation, Opinion Letter, or Other Guidance From the Department of Labor

State Law - Generally, Governs How and in What Manner Employers May Pay Employees via Direct Deposit or Debit Cards

  • Some States Have Complex and Detailed Laws That Must Be Followed to the Letter
  • Other States Have Laws That Are Not Onerous
  • Some States Have No Restrictions or Requirements
  • Municipal Laws - Currently None, but Is This Where We Will See New Legislation?

Payroll Companies and Employers

  • Cannot Rely Exclusively on Obligation of Payroll Companies
  • Employers, Not Payroll Companies, May Be Liable If Not Done Correctly
  • Service Agreements May Limit Liability
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on July 13, 2021.

Call 1-866-352-9540 for further credit information.

  • CPE/NASBA - QAS Self Study 2.5 including Business Law 2.5
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.5 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Business Law for 2.5 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
     
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Glenn S. Grindlinger

Glenn S. Grindlinger

Fox Rothschild LLP

  • Partner with Fox Rothschild LLP
  • Represents management in the full spectrum of labor and employment law matters; he regularly defends clients in single plaintiff cases and class actions involving claims of Fair Labor Standards Act (FLSA) and state wage and hour law violations
  • Routinely represents clients in federal and state courts and arbitration for and before government agencies in cases alleging breach of contract and breach of restrictive covenant as well as age, race, national origin, gender, disability, sexual orientation and religious discrimination, harassment, and retaliation; defends employers in a variety of labor disputes before the National Labor Relations Board
  • Practice is also preventative in nature; he counsels clients on day-to-day employment, wage and hour, labor relations and contractual matters as well as the employment law issues that arise in connection with mergers and acquisitions
  • Negotiates, drafts, and revises collective bargaining agreements, employment contracts and severance agreements, employment law provisions to purchase sale agreements, restrictive covenants and noncompete agreements as well as drafts employee handbooks and training materials; regularly conducts wage and hour audits for Fortune 1000 companies, small businesses, and nonprofits
  • Frequent writer and speaker on labor and employment issues
  • J.D. degree, New York University School of Law; B.S. degree, Cornell University; study abroad, University of Sydney, Australia
  • Can be contacted at 212-905-2305 or [email protected]
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 409177
Published 2021
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