HR Glossary

What is Direct Deposit?

An electronic payment method where employee wages are transferred directly from the employer's bank account into the employee's designated bank account, eliminating the need for paper checks.

Why it matters in hiring

Direct Deposit comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with D

• DIFC Employment Law (UAE)
• Digital Badge
• Digital Credential
• Digital Onboarding
• Direct Sourcing
• Disability Insurance
• Diversity and Inclusion
• Diversity Hiring

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.