Payroll Cards
Meijer to Debut Electronic Pay Card
GRAND RAPIDS, Mich. (January 8, 2004) - Looking to lower HR and overhead costs, supermarket retailer Meijer plans to introduce a paperless payroll system that allows employees to load their weekly earnings onto electronic cards.
The new pay card �allows Meijer to provide our team members with a simple solution to getting paid while significantly reducing costs,� said John Zimmerman, director of community relations at the company here. The solution, he continued, �assists in our continuing transformation efforts by simplifying processes, reducing overhead � which allows us to lower prices.�
Employees have the option to cash out their cards at the Meijer Guest Service desk, or to use them like a debit card at the ATM machine or at applicable stores. The company expects that by mid-February all Meijer employees will either be signed up for the card service or will use direct deposit.
http://www.executivetechnology.com/ViewStories.cfm#7023
Posted by Craig at January 9, 2004 06:26 PM