Summary
A couple months ago Philadelphia's Office of the Controller announced it had completed a report asserting the feasibility of a paperless payroll system for city employees. The Paperless Pay Intiative, now on the mayor's desk for potential approval and implementation, may, at first glance, seem like a simple cost-cutting measure or "green" initiative. And it would save half a million dollars and six tons of paper each year.
"We like to do things on a payroll-deducted basis," says Phillip Caldwell, whose firm, Archer Benefits, provides employer supplemental insurance. "We can do it the old-fashioned way, but it's cumbersome. There are more moving parts. And I do hear, 'I don't like banks' pretty often, and I understand where people are coming from, to an extent, because this is an identity-theft world we live in.""You know how they say, 'Just because you're paranoid, doesn't mean somebody's not out to get you?'" Caldwell asks. "So the fears are not unfounded. We just can't avoid this part of the system. At some point you've got to participate if you're going to be able to function," he says.See the full content of this document
Extract
Cash and Parry
A couple months ago Philadelphia's Office of the Controller announced it had completed a report asserting the feasibility of a paperless payroll system for city employees. The Paperless Pay Intiative...
See the full content of this document
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