In current scenario time as well as money is very important. In every trade technology is changing day by day for example there was a time when people use to calculate long calculations on a piece of paper especially in banking sector. Similarly in big organizations the HR department uses to calculate the salaries of their employees with the help of calculator but it is impossible to calculate the salaries of thousands of employees on paper or calculator. Today there are many software’s which are very easily available on internet. So this is the latest technology. But today with the help of instant pay stub life has become so easy. What we have to do is, just fill the form and within few seconds you can see the real figures. So the biggest advantage of this pay stub online software is that there is nothing hidden. Everything is clear and fair.
With the help of Instant Pay Stub life has become very easy especially for employees. They can fill the forms and within few seconds, they can see the real picture, after that the employee can save the files and even they can take out the printed copy and maintain a file. This file is very important especially for any employee.
Thus pay stub is an important document which is given to every employee by his current boss. In simple words we can say that it is a statement or document in which each employee’s details are printed like basic salary, gross pay, net pay , medical , casual leaves , earnings , taxes , TA / DA etc. So all these things are mentioned on paper. This document is so important if any income tax department person asks any employee he can show this document to him also because nothing is hidden. Thus instant pay stub plays a vital role in our day to day work.
Now let’s discuss about format of pay stub. In every organization there are different types of format. Basically on top of the format there is the name of the organization, the other points are name of the employee, designation, date, time, deduction figures, gross pay, net pay, department and employee id number. There are many other options to search for formats or templates like online websites, forums, online directories etc.
Every employee should check his pay stub very carefully. He/ she should also know how the software has calculated the figure. They can also check manually with the help of mathematically formula with the help of excel. Thus online paycheck stubs are very effective, useful and helpful for any employee. So the employees have full right to ask their employer for monthly statement. If there is any mistake or error on the statement then also the employee can ask his employer.