A deduction from an employee"s pay that is made at the source and paid to the employee"s union or other organization as a form of dues.
From the verb "to check off" (to mark an item as completed or verified on a list).
- The company has to make checkoff payments to the union on behalf of its employees.
- Many unions use checkoff systems to automatically deduct dues from member's paychecks.
- Employees who want to opt out of the checkoff program must do so in writing.
- The checkoff system is a convenient way for employees to pay union dues.
- The checkoff is a way for the union to ensure that it has the funds it needs to operate.