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Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

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This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

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March 06, 2006
Many Employees with Bank Accounts Use Payroll Debit Cards, Too

A provider of payroll debit cards says more than half of employees using its services have bank accounts and use the cards as a savings tool and for daily expenses.

Ecount surveyed a random sample of more than 2,000 of its cardholders. The company found that nearly 54 percent of employees utilizing payroll cards were banked and using direct deposit, and use the program for savings or discretionary usage.

"Many of our banked cardholders place around 10 to 20 percent of their check on their Paycard," says Matt Gillin, chief executive officer of Ecount. "Some use it to save for big-ticket items like a TV or vacation, and many use it as 'mad money' or discretionary income to buy lunch or household items."

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Top 100 FLSA Overtime Q&As
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