Paystubs also help protect employers by creating a record of accurate and timely payments.Īs mentioned above, employees receive payment in a variety of ways. Regardless of the name, this important document provides employees with information on wages and benefits for accurate record-keeping, tax filing, and proof of income or employment. Depending on the workplace, this document may be referred to as a payslip, pay advice, check stub, or simply paycheck. A pay stub may show the amount earned for the immediate pay period as well as total year-to-date earnings. Whether an employee receives paychecks via direct deposit, physical check, or payroll card, a pay stub is typically provided as documentation of payment received.
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