Labor Day holiday payroll calendar and bank holiday

ADP would like to remind you that Labor Day, Monday September 05, 2022 is a bank holiday. The Federal Reserve will be closed as will ADP’s offices. 

To ensure timely employee direct deposits we recommend you accept and approve your payroll 48 business hours prior to pay date and no later than 2:30pm Eastern Time / 11:30am Pacific Time. Payrolls processed less than 48 hours prior to pay date could experience late funding of employee direct deposits and tax deposits, and a delay in the delivery of your payroll package.

In order to prevent a delay in the posting of the direct deposit transactions to your employees' accounts, it is very important that you review your payroll processing schedule prior to submitting your payroll.  Consider your current processing date and pay date to determine if a change is necessary to account for the bank holiday. 

Use this chart as a guide to determine if a payroll schedule change is necessary. Please note if you are a wire client or over threshold client, you will need to check with your bank for their wire cut-off times. To ensure timely employee direct deposits, ADP must have funds by Noon (local time) 2 business days prior to check date.

Note: Payrolls processed with a pay date of 09/05/2022 will not be deposited until 09/06/2022, depending upon the individual’s depository institution, and expect to be debited 1 day earlier than usual.

If you have any additional questions, concerns or would like to make a change to your payroll schedule, please contact your Payroll Service Team.