Pre-Printed Pay Stub
Pre-printed Pay Stub
When an employer hires an employee he pays him for the services that he has provided to the organization. This payment is usually made through cheque is also known as a paycheque. It is nothing more than a simple paper document.
With the advancements in technology this procedure of providing the employee with physical paycheque has been largely replaced by the direct deposition of the amount into the bank account of the employee electronically. Despite these advancements, the employee still has a right to get a pay slip.
A pay slip is also known as a pay stub. This could be either attached to the paycheck received by the employee or the employee can demand it separately. It basically acts as a proof that the transaction has been made by the company in favor of the employee.
Although the content that should be present in the pay stub is decided by the laws of each country. The basic points that are included in every pay stub include the details about the total pay the employee has received for that specific period and the amount of tax he has paid. It also includes all deductions made from pay other than tax i.e. personal deductions for:
- Pension contribution
- Any retirement plan
- Charity purposes
- Insurance amount
If you work at the accounts department of a company and providing employees with pay on time and dealing with all their issues regarding it is part of your job you would be in need of these pay stubs.
Construction of a pay stub from scratch can take a lot of your time and energy. You would have to make an extensive search about the correct format of these pay stubs and later you will have to work on the layout of the pay stub. In addition to all of this, you would still be worried if your pay stubs look professional or not.
No need to worry as we have a perfect solution to your problem. We have ready to use templates available that can be used in place of a regular pay stub. All these templates are made by keeping the laws in mind so they can be used for professional dealings without any hesitation. Therefore why wait for anything else browse through all the available templates and get set started.