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.
A pay stub typically includes the following information:
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.
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.