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] Beginning [November 1, Steel Construction] will begin the direct deposit of employee payroll checks. Instead of receiving a check, employees will receive a printout of the hours worked that week and the amount of the check being deposited. The payroll will be transferred to employees' banks before [noon every Friday]. Deposits will be available according to rules and regulations of the individual banks. [Steel Construction] has decided to implement this new procedure after results from the customer satisfaction survey showed that [95%] of our employees viewed direct deposit as beneficial to them. ~/ • •
Describe the new procedure. Explain how the new procedure will benefit the employees.