The most common place to cash a payroll check is at a local bank. Banks generally cash payroll checks as long as either the payee holds an account at that bank or the payroll check is drawn on that bank.
If the payee does not have a bank account, there are numerous check cashing services that can cash payroll checks. These services generally charge a small percentage of the check's total amount as a fee. Alternatively, payroll checks can usually be used by the payee to open a new checking or savings account at a local banking institution, regardless of which bank the check is drawn on.Learn More
The IRS is able to issue tax refunds in the form of ordinary cashier's checks, which makes it possible to deposit or cash them anywhere a person would ordinarily cash a check of equal value. People who do not have a bank account, and who are unwilling to cash the check at a check-cashing store, are able to quickly access their refunds through prepaid cards, according to Forbes.Full Answer >
According to the United States Uniform Commercial Code, a person must be identified as the authorized recipient of a payable instrument to transform it to cash. Even though there is no universal identification requirement in place, a form of ID is typically required to cash a check at a bank.Full Answer >
It is not illegal for employers to pay employees in cash, reports About.com, although this practice can get business owners in trouble with the government over tax evasion. Employers also risk running afoul of worker's compensation laws. To avoid legal troubles, employers must keep detailed records of all cash payments to workers.Full Answer >
There is no set rule or standard across industries for how many warnings a person receives before termination. However, individual employers may have policies such as a "three-strikes rule" that outline a standard number. From a legal standpoint, the employer merely needs to communicate policies clearly and enforce them consistently.Full Answer >