Compensation Management News
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September 17, 2010
Employees with ‘Split’ Direct Deposit Save More of Their Pay
The PayItGreen Survey 2010 found that while just 19% of U.S. employees use split direct deposit, where their deposit is directed into more than one account, those who do save an average of 30% more money than those saving on their own. For a Limited Time receive a
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Seventy-four percent of people who split their direct deposits put their money into two accounts, 21% into three accounts, and 5% into more than three accounts. You can see more survey results online at www.payitgreen.org.
Related article:
Most Workers Want to Go 'Green' with Their Paychecks