Remember bank holidays when running payroll
Wednesday, January 1, 2025, is a federal banking holiday. This means you may need to run payroll one or two business days early to avoid paying employees late, especially if their payday is on the holiday.
Check dates scheduled for Wednesday, January 1, should be adjusted to Tuesday, December 31, and submitted by Friday, December 27, to avoid paying employees late*.
If your payday falls on Thursday, January 2, you won't need to change the check date to avoid paying employees late, but you will need to submit payroll one business day earlier.
*Based on a 2-day turnaround. For 4-day turnaround, submit by December 25 (see other deadlines below).
Payroll submission deadlines for a 2-day turnaround
| Payday Falls On | Submission Deadline* | Employer Draft Date | Check Date |
| Tuesday 12/31 | Friday 12/27* | Monday 12/30 | Tuesday 12/31 |
| Wednesday 1/1 | Friday 12/27* | Monday 12/30 | Tuesday 12/31 |
| Thursday 1/2 |
Monday 12/30* |
Tuesday 12/31 | Thursday 1/2 |
| Friday 1/3 | Wednesday 1/1* | Thursday 1/2 | Friday 1/3 |
*OnPay’s Banking cut-off is 11:30 PM ET. Any payrolls processed after 11:30 PM ET are considered to be submitted on the next business day.
See submission deadlines for a 4-day turnaround
Check dates scheduled for Wednesday, January 1, should be adjusted to Tuesday, December 31, and submitted by Wednesday, December 25, to avoid paying employees late*.
*Based on a 4-day turnaround.
If your payday falls on any date between January 2 and January 6 (Thursday-Monday), you'll need to run payroll one business day earlier to avoid paying employees late.
| Payday Falls On | Submission Deadline* | Employer Draft Date | Check Date |
| Tuesday 12/31 | Wednesday 12/25* | Thursday 12/26 | Tuesday 12/31 |
| Wednesday 1/1 | Wednesday 12/25* | Thursday 12/26 | Tuesday 12/31 |
| Thursday 1/2 | Thursday 12/26* | Friday 12/27 | Thursday 1/2 |
| Friday 1/3 | Friday 12/27* | Monday 12/30 | Friday 1/3 |
| Monday 1/6 | Monday 12/30* | Tuesday 12/31 | Monday 1/6 |
| Tuesday 1/7 | Wednesday 1/1* | Tuesday 1/2 | Tuesday 1/7 |
*OnPay’s Banking cut-off is 11:30 PM ET. Any payrolls processed after 11:30 PM ET are considered to be submitted on the next business day.
Questions about your turnaround time? Learn more about how turnaround time is determined→
How to adjust the check date during a pay run
You can adjust the Check Date when you start running payroll, by clicking the pay schedule information in the upper right.
If your payday falls on a bank holiday, change the scheduled check date to the business day before, and submit payroll by your submission deadline. This will not affect check dates of future pay runs.
Run payroll early
Refer to the schedules outlined in the tables at the beginning of this article when adjusting the check date for a holiday. Your turnaround will affect your payroll submission deadline.
OnPay schedules the direct deposit date based on information entered when running payroll and your turnaround time within OnPay. At the "Confirmation" step of the pay run, the direct deposit effective date may differ from the examples outlined above. If this occurs or if you have any questions about processing your payroll around this holiday, please contact us at 877-328-6505 or hello@onpay.com.
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