A payslip, also known as a pay stub or paycheck stub, is a document that outlines details of an employee's pay each period.
As a pay stub shows employees exactly how their pay is calculated it enables them to spot discrepancies and resolve any issues as soon as they are paid.
Payslips can also serve as proof of income which can help secure things like foreign working visas and bank loans. Because of their importance, it’s a good idea for employers to allow their employees to access pay stubs as easily as possible.
In Oyster you can easily access your payslips to your Team Members across the world by logging into your account, selecting ‘Contracts’, and locating the ‘Payslips’ tab. Find out more about payslips in Oyster.
A payslip will usually include:
While a payslip provides a breakdown of an employee's gross pay, taxes, contributions, deductions, and net pay, a paycheck only states the employee’s net pay.
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