What is Pay Stub? | Meaning & Definition | Akrivia HCM

A pay stub, also refer as a pay statement, payslip, or paysheet is a periodic statement of an employee’s income and deductions. This can be used as evidence of payments received/deductions made. It lists the hours worked during that period, gross earnings, and net (net pay) and is usually accompanied by a record of the employee’s deductions, such as a tax statement. It can also be used for wage garnishment. Some countries require employees to be provided with pay stubs for labor law purposes.

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