Many of us never expect a natural disaster to hit hard enough to shut down our places
Question:
Many of us never expect a natural disaster to hit hard enough to shut down our places of employment. However, in various parts of the country, natural disasters are expected during various seasons. For example, in the northeast, snow can pile up several feet, making driving impossible. Hurricanes destroy roads and buildings. Assume you work for a company that does not have a business continuity plan for your payroll department. You are one natural disaster away from having hundreds of employees who cannot be paid on time. You are being tasked with helping your payroll manager develop a plan for these types of disasters.
Your department pays 1000 employees bi-weekly. You are a 100% paperless department, meaning all of your employees are paid by direct deposit or pay card. You rely on an electronic time and attendance module for timecards. Of your employees, 50% use a badge to swipe a timeclock, and 50% enter their hours on a PC or through a mobile device. You haven't used a paper timesheet in several years. Your payroll department is 100% in-house, meaning you do everything in terms of paying the employees, generating payments, and depositing taxes.
Considering your in-house payroll, electronic time and attendance and electronic payments, what steps you would suggest to your manager about starting a DRP?
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba