How often do you push Direct Deposit?
A few signs on company bulletin boards, a mention at new hire orientation — probably not enough to get the savings your company is after from Direct Deposit.
Of course you know all the benefits of getting as many employees as possible signed up for Direct Deposit. Many employees know they stand to benefit, too.
But if you’re not reminding everyone of those reasons often enough, your participation rates are going to fall short of what they could be. Take a look at how promotion frequency directly impacts those participation rates.
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