Everyday Payday Policy
NEXA Mortgage has implemented an innovative "Everyday Payday" policy, setting it apart from traditional mortgage companies. Unlike the conventional approach where employees might wait up to 60 days for their paychecks due to monthly or bi-monthly cutoff dates, NEXA Mortgage processes payroll every single day.
This means that if all necessary payroll documentation is submitted correctly by Monday, employees can expect a direct deposit by Wednesday. This rapid turnaround is achieved by focusing on turn times rather than cutoff days, ensuring that employees are paid promptly and efficiently.
In the event of any errors in commission checks, NEXA Mortgage addresses these immediately, running the next direct deposit without delay. This proactive approach eliminates the need for employees to wait for the next payroll cycle to receive corrections.
The "Everyday Payday" policy not only enhances employee satisfaction but also positions NEXA Mortgage as a leader in payroll processing within the mortgage industry. This policy reflects the company's commitment to supporting its workforce and maintaining a competitive edge.
