Pay Stub
What is Pay Stub?
A pay stub is the document that accompanies each paycheck, providing a detailed breakdown of an employee’s earnings for a given pay period. It typically shows gross wages, federal and state tax withholdings, benefit deductions, retirement contributions, and the resulting net pay.
Why Pay Stub Matters
Pay stubs serve as an important record for both employers and employees. Workers use them to verify that they are being paid correctly, track their year-to-date earnings, and provide proof of income for loans or rental applications. Many states require employers to provide pay stubs, whether in paper or electronic form, making them a standard component of payroll administration.
