A pay stub also known as a paycheck stub or pay slip is a document, which is generally given to the employees along with their paycheck attached to it on their payday. This document displays the total earning of the employee for the pay period, deductions from the total, and your net pay after deductions.
A pay stub includes information both employers and employees can use. Employees receive pay stubs as records of their wages.The pay stub will be attached to the paycheck of the employees when they are paid with a paper check. And if they are paid by direct deposit to their bank account, then they can print pay slip online. Employees can make sure they were paid correctly and understand their deductions by reviewing their pay stubs. Employers can use pay stubs to settle discrepancies with employee pay. If there is a question about an employee’s pay, you might need to solve the issue by looking at the payroll pay stub. Generally, the items on a pay stub can be broken down into three parts:
So in short a paystub is a confidential document given along with the paychecks to the employees which can be proved useful for justifying statements relative to the pay. If you have questions about any of the items on your pay slip, just go to the website of Pay Stubs. It is a reputed paystub generator and you will get an error-free accurate final report.
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