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Security Alert: New Direct Deposit Fraud On The Rise

July 27, 2021 | posted by Abacus Payroll
Email phishing attempts are not new. Fraudsters are only getting more creative and convincing. Abacus Payroll, Inc. urges clients and small businesses to be extra diligent in reviewing employee bank change requests because identity spoofing and direct deposit diversion attempts are becoming all too common. What is direct deposit diversion? Fraudsters impersonate an employee by […]
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A Look at Payroll in 2019

January 25, 2019 | posted by Abacus Payroll
Do you have a New Year’s resolution when it comes to easier, more streamlined payroll each pay period? A recent study of small business owners with two to 500 employees posed the question “What changes do you plan to make to your payroll process over the next 12 months?“ Survey responses included: Top Five Payroll […]
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Revisiting Pay Cards: What Are Your Legal Obligations?

June 14, 2018 | posted by Abacus Payroll
If you use pay cards to compensate your employees, you’re probably aware of your state’s regulations on the matter. As pay card implementation rises, however, so do the number of legal variables to consider. Here’s a breakdown on general pay card use and legislation. Pay Card Dos When implementing a pay card system, obtain written […]
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Pay Cards in Agriculture

May 22, 2018 | posted by Abacus Payroll
You’ve probably heard about standard businesses using pay cards as an alternative to traditional paper checks. If you own an agricultural business or work in a related setting, you might consider the benefits of implementing such a system for your business as well. Here are a few ways your agricultural business could benefit from using […]
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Pay Card Etiquette for Employee Buy-In

July 19, 2017 | posted by Abacus Payroll
Pay Cards for Employees Payroll and Paperless Pay checks
At face value, using a pay card for paperless payroll seems like a no-brainer for both employers and employees alike. However, implementing a pay card system is not without its drawbacks. Before you dive head first into a potentially exclusive system, here’s what you need to know about pay card etiquette.   Pay Cards: Consider […]
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