What Is a Payslip?

A payslip is a compulsory document issued by an employer containing all the information pertaining to the payment of an employee’s salary.

How to Make a Payslip?

The payslip allows employees to check their salary’s calculation and deductions. It must contain the following information:

  • Employer’s name and address
  • Employee’s name
  • Job title
  • The period covered by the payroll
  • Date of payment
  • Number of hours paid at a regular rate
  • The number of overtime hours paid or replaced by time off, and the applicable rate
  • The nature and amount of any bonuses, allowances or commissions paid
  • Salary rate
  • Gross wages
  • The nature and amount of deductions received
  • Net salary
  • The amount of declared or allocated tips

Other information may be required by law.

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