Moving a Pay Day
We are looking at moving our Wednesday Pay Day to Friday. This will help avoid all those Monday Holidays creating pay issues. Does anyone have any experience with this that would be the least disruptive plan for the employees?
Re: Moving a Pay Day
Hello there, @jhodges1204.
Thank you for posting in the Community. Allow me to help share some information about how holidays affect you in processing payroll.
When you transmit your payroll 2 banking days prior to the paycheck date, direct deposits are made available to your employee's receiving bank as of 5 pm PT on the paycheck date. If the paycheck date lands on a banking holiday, you have the option to adjust the paycheck date earlier than usual or after the holiday.
So if you want employees to receive their pay on Friday, you can send payroll by Wednesday before 5:00 pm PT. Please make sure that your check date is for Friday.
The following article contains additional information about this:
- Direct Deposit Processing & Banking Holiday Timelines
- How will New Year's Day and other federal holidays affect my payroll processing?
If you need to reach out for more help, feel free to reach out to our Payroll Support. They have the tools that can help you get to a resolution quickly.
That should get you back on track.
I'm just a post away if you should have any other questions about processing payroll on holidays. I'll be happy to help you out. Have a great rest of your week.