Joan Preston is the president of the Apex Company. She wants to write a memo to all of the company’s employees informing them that as of March 1, the company will no longer provide payroll checks. Instead, everyone will need to provide the Payroll Department with a checking or savings account number into which their pay will be directly deposited. Preston realizes that some employees will not approve of this new requirement because they would prefer to continue to take a check to the bank for deposit or cashing. Preston believes that the advantages to direct deposit include safety (it eliminates the possibility of the check being stolen or misplaced) and fund availability (oftentimes the money is available the night before pay day).
Your assignment is to take the above information and write the memo that would come from Preston. Use the memo format outlined above. Please compose the memo in Microsoft Word and send it to me as an attachment.
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