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Employer Issues
Reply to "Payroll company- nanny’s pay delayed a week"
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[quote=Anonymous][quote=Anonymous]Echoing above posters: we use GTM for payroll and they require time sheets be in by Monday 3pm for Friday payment. They said changing anything after Tuesday is incredibly difficult, partly due to banks usually having 2-3 business day processing time for direct deposits. I give my nanny guaranteed hours and PTO and have a pretty regular schedule, but there are still odd occasions where she unexpectedly gets sick on a Thursday or I need her to stay a bit late with only a day or two notice. If you think explaining a one time, one week delay in the paycheck is confusing, keeping track of what has been paid vs. what has been worked/taken as PTO as two separate ledgers would be even more so. I am sure there are options where I could cut checks directly and it would seem like same day payment, but that would 1) be an additional hassle on both sides to have to write and deposit (not sure my nanny is up for weekly trips to the bank after a long workweek and a long commute), and 2) require your bank to show the amount as crediting to your account same day as a courtesy, even though the check does not officially clear for 2-3 more business days.[/quote] Most banks have an online app where you can deposit your check from your phone- hits the bank the next business day. [/quote]
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