A pay slip in salary, which is also called a salary slip, is a document that has details of earnings and deductions in salary for a specific period. The salary slip is provided by the employer to the employee. Below are the details offered in a pay slip:
~ Gross pay of the employee (total earnings before deductions)
~ Tax deductions
~ Benefits in terms of insurance and others
~ Take-home pay or the Net pay that the employee receives making the deductions