Employers hate paydays. And the reason of it is not because of it is the day they have to pay their employees their due. The true reason is it takes a lot of counting and computing doing this. It is not excepting that much embarrassment may be caused because of calculating individual salaries and giving the accurate amount to every employee. But it is pronouncedly taxing. Having preferred to release payroll checks instead of actual cash during paydays, will help you to avoid all these troubles. So, there is no reason to worry about counting cash. With pay roll checks employers do not have to do this no more.
Payroll checks offer convenience for employers. But they offer the opposite for employees, especially if the employee is 'unbanked' or 'under-banked'. Many things may bother employees. It happens often and often when they are cashing their payroll checks at the bank. Only these things may do it: long lines, limited banking hours and tons of requirements. But the additional trouble of paying a check cashing fee exists.
Various business developments and technological progress made payroll check cashing very convenient for employees. Nowadays there are many establishments where you can cash payroll checks. You can do it from a check-cash center. It often requires a very minimal check cashing fee and can process the check in less than 5 minutes. If you remember banks were the only establishments where you could cash payroll checks. There is also one more convenience way for cashing your payroll check. You may do it from the various check-cashing kiosks that can be easily found in major shopping centers and many convenience stores.
Time goes by and new technologies appear. In this way another technology has developed today. It is the payroll card that is used by many companies. The payroll card is a plastic card that Employers can use it in place of payroll checks. This is plastic card and it allows employers to directly load an employee's salary to it.
New technologies and various developments in the business world made payroll check cashing convenient. Payroll checks and related instruments may soon be seen both by employers and employees as more practical than handing out salaries in cash. But these may be only with more technologies that will develop in this area.