They'd then face the type of scrutiny that prompted supermarket chains to give customers mis-scanned items for free - a continuing policy few publicize to similarly preserve revenue and reputation. Payroll processors don't admit to errors- that might cause a run on their customer-service phone banks and clients' payroll departments. Hourly workers, meanwhile, routinely tear up pay stubs in disgust, trying to decode confusing entries for straight-time, overtime and shift differentials.Īnd as the number of line items has grown, so too has the margin for error. On the downside, there's the ever-rising medical insurance and dental and vision plan contributions we're ponying up - and the shrinking 401(k) contributions we made in the last five years in our liberation from conveniently phased-out fixed-pensions. #Ceridian login cardworks plus#On the plus side, there are pre-tax deductions for dependent care, health spending and commuter costs, along with 401(k) contributions and employee stock option and purchase plans (with luck, they read "ESOP" or "ESPP" - but not for cashed-in amounts). The line items, of course, reflect a host of pre-tax benefits that we've accrued in the last 10 years - as well as benefits we've lost. The degree to which we've lost track in this age of electronic transfers is typified by the perplexing question that often gives us pause: "Do I get paid this week or next?" Breaking it all down Now, many of us don't even open our "paycheck" for weeks or months on end, since it contains not a check, but only a ledger we don't understand. As for errors in the employer's favor, well, they always seem to get detected and rectified. They'd then do a beeline to payroll after returning from lunch to rectify a mistake in their favor. Back when we were forced to sign our check and take it to the bank on Fridays to "cash," people reviewed their stubs while waiting in the teller line. Part of our reckless disregard for our financial well-being owes to direct deposit. payroll processors and their industry's trade group declined to disclose how often paychecks get recut or supplemental payments are issued by them or their clients. How frequently errors creep in is a mystery of our modern age - leading U.S. We've come to trust in our paychecks being accurate just as we do supermarket scanners, which misread about 1 out of every 33 items. And with good reason - they're as mind-boggling as the federal budget with almost as many line items, sometimes 30 or more bearing such entries as "DCA RE/MB" and "TSA" and "MWIISO." In the last decade, as Americans became obsessed with the rise and fall of the stock market, many stopped paying close attention to their most important income statement - their paycheck.
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