Labor Day is a Banking Holiday
08/01/18
Author: ADP Admin/Wednesday, August 1, 2018/Categories: Bulletin News
ADP TotalSource® would like to remind you that The Federal Reserve and ADP offices will be closed on Monday, September 3, 2018, in observance of Labor Day.
In an effort to prevent a delay in the posting of the direct deposit transactions to your employee’s accounts, we ask that you take a moment to review your payroll processing schedule. Pay close attention to your current processing and pay dates to determine if a change is necessary to account for the bank holiday. If your schedule requires modifications, please contact your Payroll Service Representative to make changes as soon as possible.
Use this chart as a guide to determine if a payroll schedule change is necessary.
As a rule, if your regularly scheduled pay date falls on the holiday, your pay date is moved to the previous business day, unless requested otherwise.
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You should approved your payroll by NOON on:
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If your Pay Date is:
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Tuesday, August 28
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Friday, August 31
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Wednesday, August 29
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Tuesday, September 4
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Thursday, August 30
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Wednesday, September 5
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If you have any questions regarding this information, please contact your ADP TotalSource® Payroll Service Representative.
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