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BSC Solution Source: direct deposit to be mandatory in January

BSC Solution logoThe UNT System Shared Services Council composed of the chancellor and presidents at each member institution authorized the mandatory direct deposit of paychecks only for all employees beginning in January 2015. In cases where employees do not elect to have their payroll direct-deposited into a bank account, pay cards loaded with the employee’s pay will be issued. Employee pay will be directly deposited to that card each pay period. A pay card is similar to a prepaid debit card.

  • Approximately 94 percent of UNT System employees are already on direct deposit.
  • Direct deposit will also benefit employees by not having to cash or deposit a check and possibly having to pay associated fees.
  • Student workers also may choose to have their paycheck directly deposited to the Higher One Card. To sign up for direct deposit to the Higher One Card account, review the instructions online.
  • Employees who are not already participating in the direct deposit program can get ahead of the change by signing up for direct deposit now.

A vendor has been selected for the pay card program. More information regarding the transition to mandatory direct deposit will be communicated throughout the remainder of calendar year 2014.

The October issue of the Solution Source newsletter includes other stories about meal reimbursement requests, travel budgets, PCards, revenue agreements, training dates and more.

Posted on: Fri 03 October 2014

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