What is a pay stub?
A pay stub, also known as a paycheck stub, is a document that outlines the details of an employee's pay for a specific pay period. It typically includes information such as the employee's gross pay, deductions, taxes, and net pay.
What information is included on a pay stub?
A pay stub typically includes the following information:
- Employee's name and address
- Employer's name and address
- Pay period dates
- Gross pay (total amount earned before deductions)
- Deductions (such as taxes, insurance, and retirement contributions)
- Net pay (total amount earned after deductions)
Why is a pay stub important?
A pay stub is important because it provides employees with a detailed breakdown of their pay and deductions. It can help employees understand how much they are earning, how much is being deducted from their pay, and why. Additionally, pay stubs are often required when applying for loans, renting an apartment, or other financial transactions.
Can I access my pay stub online?
Many employers now offer online access to pay stubs through a secure employee portal. This allows employees to view and print their pay stubs at any time, without having to wait for a physical copy to be mailed or handed out. Check with your employer to see if this option is available to you.
Nick Simpson
Founder @ WorkMade
I started working for myself at 9. My first tax bill showed up at 14. I didn’t understand it, and nobody around me could really explain it. If you’ve been there, you get it. Twenty years later, after creative directing for brands in New York and buying and selling a few companies, I kept seeing the same thing: smart, talented people losing money to a system that wasn’t built for how they work. That’s why I built WorkMade. Not to make taxes “easier to understand” but to make them disappear into the background, so you can get on with your life.