As those credit card statements start rolling in from holiday shopping, many employees will be vowing that 2010 will be the year they save more and spend less. That’s where you swoop in.

New Year’s resolution season is the perfect time to initiate a renewed push for Direct Deposit.

Many companies still don’t have participation rates as high as they’d like for this streamlining and cost saving pay option.

But your employees may be a little more receptive right about now.

Here’s how to make the most of the timing and the technology so everybody wins.

Play up 2 different angles

Many folks make their New Year’s resolution to get fitter.

Why not create a company-wide campaign to get people financially fitter as well?

Direct Deposit is a great first step for several reasons. And you’ll want to be sure your payroll department takes a multi-pronged approach to do it:

1. It gets money in their accounts faster. Clearly it’s not ideal, but when people live paycheck-to-paycheck, even 12 hours can make a big difference. Let Finance remind folks how Direct Deposit saves them that critical time.
2. It can force them to save. Some folks simply lack the wherewithall to sock more away? Have Finance remind ‘em with Direct Deposit they can split out their pay between a checking and a savings account to help them keep those resolutions.