Why do banks like to help companies pay wages on their behalf? Do you have any tips?

Anyone who has worked in a large company knows that most companies pay their employees through bank card remittances, and companies that directly issue cash generally do not have too many employees. So how does such a large enterprise remit money and pay wages to thousands or tens of thousands of employees? Is it a one-by-one operation for finance to be transferred like us ordinary people? In fact, it is impossible to think of this method. If the company's finance is slowly transferred to thousands or tens of thousands of people one by one, then the company's finance does not have to do anything every month, and it may not be able to pay all the salaries. For large enterprises like this, they usually cooperate with banks to issue wages on their behalf, and what banks like to do most is to help these enterprises pay wages on their behalf.

Then why do banks like to do this kind of "thankless" thing? After all, disbursing wages to companies increases the workload for banks. Why are banks so diligent? In fact, the reason why banks pay wages to companies so diligently is because doing so can bring benefits to the banks. In the eyes of ordinary people, paying wages to thousands or tens of thousands of people may be a huge workload, but for financial departments like banks that specialize in handling finance, it is not difficult. It can be said that is quite simple. Because in addition to the troublesome preliminary preparation work, such as opening a public account, signing some distribution agreements, setting up the company's employee salary list, etc., in the future, the company's finance department only needs to send the employee's salary list to the bank every month. Banks directly use computers to transfer deposits from corporate accounts to employees' salary cards in batches, which does not require much work. Paying wages to thousands or tens of thousands of people can bring great benefits to the bank. .

The first is the deposit in the corporate account of the company. Generally, the larger the company, the more deposits in the corporate account, because the money in the corporate account is used to prepare wages for thousands or tens of thousands of people. Think about how many deposits there are, and the interest on these deposits can only be calculated according to the current interest rate. After all, you have to pay your salary every month, so you can't deposit regular deposits at all. This can earn a lot of money for the bank; there are Some banks will also charge service fees for public accounts, such as SMS fees or payment password fees. Corporate accounts are extremely attractive to banks. Many banks rely on corporate deposits to pass month-month assessments, quarterly assessments, or annual assessments. Therefore, this alone makes banks willing to help companies issue funds on their behalf. salary.

The second step is to apply for salary cards for employees. Generally, large enterprises like this will require them to apply for salary cards from the unified bank or have the enterprise apply for salary cards on their behalf, which invisibly adds thousands of dollars to the bank. Or tens of thousands of deposit users. After all, these salary cards will have a salary remitted on time every month, and not everyone will withdraw their monthly salary. Some people are afraid of trouble and will directly choose banks with bank cards to deposit time deposits or manage finances, which is another huge amount of income for the bank.

The third is that for these working-class people with stable income, they are also the favorite marketing targets of banks. In addition to marketing bank financial products, they can also market these people to apply for credit cards. Take a look at the policies of various banks on credit cards. Marketing and competition know how important the credit card business is to banks. They make more money, and these people with stable income are less likely to be overdue, so this is why banks like to help companies pay wages on their behalf.

To sum up, if your company has more than a thousand employees, generally local banks will take the initiative to do door-to-door marketing and ask them to help pay wages, because this kind of business is compared with bank loan business. , it can be said to be a business that is sure to make money without losing money. This is why banks are so diligent. There is no love for no reason in the world, only interests are eternal.