Earlier this month, more than 400 students at three high schools in York County, Pennsylvania, were educated about the basics of payroll, electronic payment methods and time and attendance software programs, according to Stambaugh Ness. The events were meant to encourage financial literacy among teenagers who are entering the workforce and to provide invaluable information about money matters. Speakers for the event were volunteer experts in their field, passionate about providing financial education for students who may not receive this kind of training in a normal school day.

The event was part of September's National Payroll Week, an annual event begun by the American Payroll Association in 1996. The classes were held by representatives of the Stambaugh Ness payroll team, and were part of the Sept. 5 MasterCard Money Matters National Education Day. Participating students attended hour-long afterschool sessions on the basic elements of a paycheck, how to file a W-4 and understanding how taxes are calculated and why they are withheld from the paycheck.

For the first time this year, coinciding with the event, the APA provided four educational scholarships to eligible teenagers who passed an official quiz. One $5,000 scholarship and two $1,000 scholarships were awarded to randomly selected student participants.

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