A pay slip is a document provided to employees to detail their pay and entitlements, ensuring correct payment and supporting employers in maintaining accurate records. Employers are required to issue pay slips to employees within one day of payment, regardless of the employee's leave status.
Pay slips are essential for both employees and employers. They break down an employee's earnings, taxes, and any other deductions for a specific pay period, providing transparency in financial dealings. Pay slips are a legal requirement and must be given to employees shortly after payment, usually within one working day of their payday. This helps employees track their earnings and entitlements and assists employers in maintaining clear and accurate payroll records.
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