Term: Pay Stubs
What are pay stubs?
A pay stub is a document that’s given to an employee with each paycheck. It shows their total wages earned for a set period. This might be from a salary, hourly wages or commission.
Pay stubs also lists any tax withheld and personal deductions made. This include insurance and pension contributions. Pay stubs are also known as ‘pay slips’, ‘paycheck stubs’, or ‘pay advice’.
Traditionally the pay stub was a paper document attached to a physical check. Today, most employers prefer to use electronic pay stubs.