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