Payroll Cards: Today, Tomorrow and the Future

On Demand Webinar Credits CLE, NASBA, APA (CPP/FPC), HR Certification Institute, AIPB, SHRM

January 08 at 1:00 - 2:30 pm EST

Learn the information you need to choose and implement a paycard program and ensure compliance with any federal, state or banking requirements.

When employees are unable, or unwilling, to use direct deposit for their compensation, a live check is provided. Live checks are not a cost-effective way to pay employees but, for some employees, a brick and mortar bank may not be an option. Businesses experience the administrative burden of voiding and reissuing lost checks, the costs of check printing and processing, and processing outstanding checks per state escheatment requirements. When providing employees with paycards, businesses avoid reissuing lost or damaged checks, the banking and supply costs of live payroll checks and managing uncashed check concerns with escheats. Businesses can reduce costs associated with live checks and use paycards in many different ways to benefit employees. This topic will provide businesses with the information they need to choose and implement a paycard program, communicate the benefits of the use of a paycard and ensure compliance with any federal, state or banking requirements. Utilizing and implementing a paycard program at your organization is a win-win scenario.

Learning Objectives
  • You will be able to describe the advantages of offering paycards.
  • You will be able to discuss on-demand pay with paycards.
  • You will be able to recognize the regulatory and compliance concerns with the use of paycards.
  • You will be able to review choosing and implementing a paycard at your company.

Agenda

Overview of Payroll Cards
  • Defining Paycards
  • When to Use Paycards
  • How to Use Paycards
How and Why to Use Payroll Cards
  • On-Demand Pay With Paycards
  • Advantages of Paycard Use
  • Requiring Paycard Use
Guidelines and Compliance With Payroll Cards
  • Federal Paycard Regulations
  • State Paycard Regulations
  • Banking Regulations
Payroll Cards Best Practices
  • Choosing the Right Paycard for Your Company
  • Policies and Procedures for the Use of Paycards
  • Communicating Paycard Opportunities to Employees

Who should attend?

This live webinar is designed for Payroll professionals, accountants, benefits professionals, human resource and personnel managers, CFOs, business owners and managers, accountants, controllers, bookkeepers and attorneys.

In Partnership With Lorman Business Center, LLC


Your Instructor


Tricia Richardson
Tricia Richardson
  • President, Purposed Payroll Professional
  • Human capital management consultant, payroll and human resources best practices, regulatory compliance audits
  • Conducts regular webinars on all topics related to human capital management and payroll processes, regulatory compliance, and best practices
  • Regular contributor to Paytech Magazine
  • National speaker for the American Payroll Association, Payroll Certification Study Group Leader, Human Resource Certification Study Group Leader
  • Bachelor’s degree in management studies with a minor in psychology, University of Maryland University College

Credits

OnDemand Course

This course was last revised on January 11, 2011.

No Credit Available

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • AIPB 1.5
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
  • CPP/FPC
  • Lorman Education Services is an approved provider through the American Payroll Association. This seminar is approved for 1.5 RCHs. PLEASE NOTE: To receive credit through the American Payroll Association for this program you MUST attend the program in its entirety and use the streaming option, as well as enable (and complete) the required progress checks.
  • AR CLE 1.5
  • This course has been approved for 1.5 hours of CLE by the Arkansas CLE Board.
  • Arizona CLE 1.5
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
  • CA MCLE 1.5
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
  • CT CLE 1.5
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.5 CLE credit(s).
  • HI CLE 1.5
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.5 CLE credit hours.
  • IL CLE 1.5
  • This course was approved for a total of 1.5 hours of MCLE Credit by the Illinois MCLE Board.
  • ME CLE 1.5
  • This course has been approved by the State of Maine Board of Overseers of the Bar. Lawyers who complete this course shall receive 1.5 hours of CLE credit under M. Bar R. 12.
  • NH MCLE 1.5
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 90 Minutes.
  • NJ CLE 1.8
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.8 hours of total CLE credit.
  • PA CLE 1.5
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.5 hours of substantive law, practice and procedure CLE credit.
  • RI CLE 1.5
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.5 hours of CLE credit.
  • VT CLE 1.5
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hours of CLE credit.
  • WA CLE 1.5
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of Law & Legal Procedure credit.
  • WI CLE 1.5
  • This program has been approved by the Board of Bar Examiners for 1.5 hours for use toward the Wisconsin Mandatory CLE requirement.
  • WV MCLE 1.8
  • This program has been approved by the West Virginia State Bar MCLE Commission for 1.8 MCLE hours.
  • HR Certification Institute 1.5
  • This program has been approved for 1.5 (General) recertification credit hours toward aPHR(TM), aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM) and SPHRi(TM)recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
  • SHRM-CP/SHRM-SCP Preferred ProviderSHRM 1.5
  • Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDC(s) for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org.
  • National Registry of CPE SponsorsCPE 1.8 including Personnel/HR 1.8
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Personnel/HR for 1.8 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.

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Frequently Asked Questions


When does the course start and finish?
The course starts now and never ends! It is a completely self-paced online course - you decide when you start and when you finish.
How long do I have access to the course?
How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like - across any and all devices you own.
What if I am unhappy with the course?
We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us in the first 30 days and we will give you a full refund.