While there isn't a single "exact time" of day for Paylocity direct deposits to go through, such as 9:00 AM, the process generally follows a predictable timeline after an employer submits payroll. Funds typically become available in employee bank accounts within a few days of the payroll submission date.
Understanding Paylocity Direct Deposit Timelines
Direct deposit processing involves multiple steps, including employer submission, bank processing, and finally, the deposit into an employee's account. This multi-step process means deposits don't appear instantaneously or at a uniform hour for everyone.
From Payroll Submission to Deposit
Once an employer submits payroll information to the bank through Paylocity's system, it takes two to three days for the wages to be fully deposited into employee bank accounts. This period accounts for the necessary banking procedures, including Automated Clearing House (ACH) network processing.
Relative to Your Pay Period End
Employees can generally expect to receive their paychecks, on average, within five days of the pay period end date. This timeframe includes the internal payroll processing time by the employer before submission, plus the 2-3 day bank processing window.
Here's a quick overview of the typical timeline:
| Event | Typical Timeframe |
|---|---|
| Payroll submitted to bank | Within 2-3 days, wages are deposited. |
| Pay period end date | On average, within 5 days, paycheck received. |
Factors Influencing Deposit Time
Several factors can influence the precise moment a direct deposit hits an employee's account:
- Employer's Payroll Cut-off: The internal deadline your employer sets for submitting payroll.
- Bank Processing Times: Different banks may process ACH transfers at varying speeds, though most aim for standard settlement times.
- Weekends and Holidays: Bank holidays and weekends do not count as processing days. If a deposit is expected on a weekend or holiday, it will typically be processed on the next business day.
- First-Time Direct Deposit: Initial direct deposits might take slightly longer to set up than subsequent ones.
What to Do If Your Deposit Is Delayed
If you are expecting a direct deposit and it hasn't appeared within the expected timeframe:
- Check with Your Employer: Confirm the payroll submission date and if there were any issues or changes to the pay schedule.
- Contact Your Bank: Inquire about pending deposits or any processing delays on their end. Sometimes, funds are "pending" before becoming fully available.
- Review Pay Stubs: Paylocity provides access to digital pay stubs which can confirm the deposit date and amount.
For the most precise information regarding your specific deposit, always refer to your employer's payroll schedule and your bank's deposit policies.
