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UPS Discussions
Misplaced My Paycheck
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<blockquote data-quote="Kae3106" data-source="post: 937239" data-attributes="member: 27557"><p>Ok, let me clear up how this works. Payroll is not done on Sunday nights. The time cards are loaded to the payroll department on Mondays. Over the course of Monday, Tuesday, and Wednesday, the payroll department processes any Time and Labor adjustments and various reports to ensure that you are paid correctly. There is a lot of manual intervention required with UPS' payroll. All payroll data is finalized by mid-afternoon on Wednesday so that the paychecks can be printed and sent out that night. The direct deposit info is sent to our clearing bank so they can start pushing the money out to the various banks employees use. </p><p></p><p>It is UPS' money until the actual check date...generally Friday though a few areas have a Thursday check date. There is nothing wrong with keeping the money in the company's bank account and drawing interest until the actual pay date. They have no obligation to give it to you early which is why your bank can see it coming in but it isn't available in your account until the actual pay day. There is no ethical issue here.</p></blockquote><p></p>
[QUOTE="Kae3106, post: 937239, member: 27557"] Ok, let me clear up how this works. Payroll is not done on Sunday nights. The time cards are loaded to the payroll department on Mondays. Over the course of Monday, Tuesday, and Wednesday, the payroll department processes any Time and Labor adjustments and various reports to ensure that you are paid correctly. There is a lot of manual intervention required with UPS' payroll. All payroll data is finalized by mid-afternoon on Wednesday so that the paychecks can be printed and sent out that night. The direct deposit info is sent to our clearing bank so they can start pushing the money out to the various banks employees use. It is UPS' money until the actual check date...generally Friday though a few areas have a Thursday check date. There is nothing wrong with keeping the money in the company's bank account and drawing interest until the actual pay date. They have no obligation to give it to you early which is why your bank can see it coming in but it isn't available in your account until the actual pay day. There is no ethical issue here. [/QUOTE]
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