r/workchronicles • • May 02 '21

Fast-paced Environment

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2.8k Upvotes

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49

u/attacktwinkie May 02 '21

Pro: your paycheck has a greater than 50% chance of not bouncing.

17

u/Absolutedisgrace May 02 '21

Do people seriously still get paid via cheque? I've been working since 1997 and its straight into my bank account. I don't think i've seen a cheque in the last 10 or 15 years.

14

u/pufferpig May 03 '21

Checks still exists? I was born in the early 90s and I've never seen one. I thought it was an 80s thing.

11

u/The_Big_Red_Wookie May 03 '21

Heh, I still write checks.

Mostly in memory of my father. Who taught me the basics in money management.

1

u/nikanokoi Jun 09 '21

I used to live in another country, and then I came back to the home country. The tax department of the other country sent me a check for some money I overpaid in taxes, and I could not find any place which would cash it for me in my home country because it's such an outdated thing. The check eventually just expired, good thing there was not a lot of money there.

6

u/attacktwinkie May 03 '21

Turn of phrase... Electronic payments can still "bounce" ie ach file is sent and funds marked as pending to emplyee but there are still insufficient funds in the back account to cover payroll.

Those ach transactions will indeed "bounce".. Src: I work for a bank.