Our time payment details may also be included in the payslip. Salary slip, paycheck slip and employee pay slip are different names of payslip and usually prepared at the end of month while calculating salaries or wages for employees to pay them as per numbers of hours worked.
If a company or business setting is using direct deposit method to pay employees then payslips can be sent to employees via emails or fax. Employees and workers use this document to understand how employer or company is paying them and what they earn each month.Ĭompany may give payroll slips to employees when making salary payments via cash. It generally contains important details about employee and salary information just like full name of employee, employee code, unique payroll number, salary earned by employee during the month, deductions made by employer for settlement of employee account and total amount paid as monthly salary etc. An employer generated document that shows employee’s salary details is known as payslip and payslip template can be used to create professional looking payslips for employees of a business or company.
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