The following is a representation of a Payroll check and earning statement. Taxable gross represents the gross amount after all non-taxable deductions are taken. This is the amount that is reported to the Internal Revenue Service as Wages on the form W-2. Gross Pay is the total pay the employee is receiving for the pay period.
Net pay is the dollar amount left after all deductions are taken.
This is the amount sent as a direct deposit to the employee's bank account or the amount of the payroll check issued to the employee. Benefit time is the amount of accrued vacation and sick leave the employee has. Benefit eligible employees paid bi-weekly will have the amount accrued, used, a running balance reported each pay period. Discrepancies in their benefit time should be reported to their department and the Human Resources Records office. Benefit eligible employees paid monthly will have their benefit time reported once a year and should contact their department or college if there are discrepancies.