+Can anyone buy products from this site?
No. Only individuals whose employers have signed up for this service and are registered with the site can shop on the site.
+How does an employer sign-up for the service?
CPS will work with your company’s HR department or Benefits group to add this service. Set up is quick & easy and can be implemented with no cost or impact to your business.
+How soon can employees start using the service, once the employer is set up?
Service starts as soon as an employer signs up for the service and provides the company guidelines for payroll deduction payments. Then, after an employee is registered with the site and verified, they can log in and begin shopping on the CPS store.
+What resources are required from the employer to set up the service?
The CPS online storefront is set up and customized for each employer. The company only needs to provide guidelines for calculating allowable payroll deductions. Then, weekly feeds are provided from their payroll and HR system to update spend allowances and payment data automatically.
+What are the guidelines for Payroll Deductions?
We work with each employer to establish maximum spending allowances for each employee, based on pay scale, pay period, length of employment and projected earnings. This can average anywhere from 1% – 8% of take home pay. This can also vary by employee based on employer guidelines.
+How does an employee know how much they can spend?
When an employee logs in to the service, their available spending allowance is shown and displayed at the top of the page. This number is updated automatically as purchases are made or payroll deductions are applied during each pay period.
+What if insufficient funds are available in my allowance to purchase something?
No problem! Employees have the option to spend above their allowance by simply covering the additional amount with a credit card or PayPal payment. Financing for larger purchases may also become available at some point in the future.
+Can I trust the quality of the products offered in the CPS store?
Absolutely! All products are direct from the manufacturer, just as you would find with any other major retailer – no seconds or overstocks. If you’re not completely satisfied with any item, it can be returned for a full refund. The product lines may change from time to time, and styles are updated seasonally per manufacturer.
+Can I save money shopping on the CPS store?
Yes! The Company Payroll Store offers all its products at competitive market prices. We are an online retailer and, based on the season or inventory level, will offer specials and sales on items throughout the year.
+Can I choose where the products are shipped?
Yes! The products can be shipped to the address of your choice, whether home or office.
+Will my employer know what I'm buying on the CPS store?
No. The main role of the employer is to allow for payroll deductions. Your employer only sees the spend amount and has no view into any purchase that you make.