Archives—November 2012

Electronic W2

We would like to encourage individuals to go out on Banweb and sign up to receive their W-2 Form electronically, if you haven’t already done so. To sign up to receiving your W-2 electronically:

  1. Log into Banweb (banweb.mtu.edu)
  2. Select the Employees tab
  3. Select Tax Forms
  4. Select Electronic W-2 Consent
  5. Read the disclaimer, and then select the box to “consent to receive W-2 electronically
  6. Click Submit.

Direct Deposit – Employee Advantages

Choosing direct deposit for your paycheck has many advantages for employees:
  • No paper check to lose or damage
  • No making a trip to the bank or ATM
  • The money is scheduled to be in the employee’s bank account on pay day (usually by 8:00 a.m.)
  • Employee can split the pay among more than one bank account, if employee chooses
  • Electronic pay check stub

To set up your Direct Deposit allocation, log in to Banweb:

  1. Select “Employees” from the top navigation bar.
  2. Select the menu item called “Pay Information”.
  3. Select “Direct Deposit Allocatio”n.
  4. Select “Update Direct Deposit Allocation” from the bottom of the page.
  5. Enter the new information and click the Save button.

Cell Phone/Internet Allowance

If you are receiving a monthly allowance through payroll for home internet service or business cell phone use, a new allowance form must be completed for calendar year 2013 and submitted to Payroll Services by Friday, November 30th.  A copy of a current detailed bill must be attached to the form and all three signature lines on the form must be completed.

The current allowance you are receiving for this calendar year is set to expire in December 2012.

The home Internet allowance policy can be found at http://www.admin.mtu.edu/admin/policy/bus_fin/2008.htm

The cell phone allowance policy can be found at http://www.admin.mtu.edu/admin/policy/bus_fin/2009.htm

The allowance request form can be found at http://www.admin.mtu.edu/acct/pdf/Cell_Internet_Form.pdf