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Join nowI'm here to promptly address your payroll inquiry, dgrado.
Columbus Day is a federal holiday and one of the non-banking days. This means that you will need to submit payroll a day earlier if your payday is on Columbus day or within the processing timeline to make sure your payroll is deposited on time.
For further details on this matter, please refer to the following articles:
Should you require more resources concerning payroll management, I'm sharing these articles as well:
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Not sure what notice you got.
Columbus Day is on Monday Nov 9 this year. So, unless your payday is Tuesday or Wednesday after that, you're not really impacted.
Generally, the rule is that 1) employees must have their money by payday, and 2) you need to send dd orders two banking days before payday - by 5pm pacific time - for the employee to get it.
So, if your payday is on Monday Nov 9, then you should probably arrange for the DD's to be in your employee's bank accounts on Friday before, and so send on Wed before that, on Nov 4.
You can review the bank holidays for the next 5 years here: https://www.frbservices.org/about/holiday-schedules
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