Electronic W-2 opt-in
Just like last year we would like to encourage all employees to switch to electronic W-2. It is not mandatory but highly encouraged and many of you had done it last year (if so – your paper opt-out status will remain active). Currently, 49 people have successfully opted-in to an electronic W-2 delivery.
The employees must provide their consent to receive an electronic W-2 instead of a paper copy.
To provide your consent to receive your W-2 electronically follow these steps:
1. Log in to your Paycor profile
2. Under the Compensation tab click Compensation History
You can also access it from here:
3. Choose Paperless Options
4. Check “Paperless ON”
5. Click Sign and Continue
This consent will cease if the employee is no longer employed at Corporate Employee Leasing LLC.
An employee who chooses to NOT receive his/her W-2 statement electronically may withdraw consent. The employee's withdrawal of consent will be effective on the date it is received, and a confirmation email will be automatically generated. If consent is withdrawn, it will only be effective for those W-2 statements not yet issued.
Employees are also required to inform their company promptly of any personal address or status changes.
If you completed the electronic consent correctly, you would receive an email confirmation.
What are the benefits of electronic W-2 VS paper W-2?
- You will receive it a few weeks faster than the paper copy.
- When W-2s are mailed, there is a risk of someone obtaining your personal information if they get ahold of the paper copy.
- Opting in for an electronic W-2 delivery helps save paper and is good for the planet.
