• October 17, 2022 at 20:54

    Payroll Fraud can come in the form of many different schemes.
    Has anyone encountered payroll fraud?
    Can you describe the circumstances? (no need for company / employee names)
    How was it handled, i.e. was the perpetrator fired / charged / convicted?
    What changes / processes were made after the fraud was uncovered to stop it from happening again?

  • October 19, 2022 at 16:33

    I haven’t see any payroll fraud, but am experiencing a huge increase in the number of phishing emails asking me to change employee’s bank account information. Any one else experiencing this?

    • October 19, 2022 at 17:09

      Hi Katie, yes this is becoming more common. We just need to keep vigilant by checking the real sender of the message. When changing bank details from employees, I request either a hard copy in person or an encrypted pdf with the password send via text message on the work phone. Prior to making the change I call the employee for a verbal conformation.

  • January 2, 2023 at 10:03

    We are often dealing with employees at distance. We now require a PDF of their banking information from the financial institution clearly identifying the employee’s name on the account, along with a copy of the employee’s picture ID. HR follow up with verbal confirmation.

    This is becoming way too common.