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Your paycheck stub serves as proof of income and government agencies, lenders and landlords often request them to verify your earnings.
Not checking your pay stub. Very few employees check their pay stubs, yet understanding the information on the stub is important for personal finance management, said Sean Fox,...
In order to calculate your withholding, take a look at your most recent pay stub. From your pay stub, you’ll need the following information: Wages or salary per pay period. Wages or salary...
A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.
Many businesses hate it. Here's what the federal new overtime law means to you. We explain it here!
Overtime rate is a calculation of hours worked by a worker that exceed those hours defined for a standard workweek. This rate can have different meanings in different countries and jurisdictions, depending on how that jurisdiction's labor law defines overtime .
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis.
It's essential to verify that each of your pay stubs contains your correct name, tax deductions, Social Security number, vacation balance and pay rate.
1. Pay Off Debt. One of the best uses for your extra paycheck is to pay off any high-interest credit card debt you might have.
Retroactive overtime (ROT) is an additional amount of money that is awarded when an employee has a combination of overtime and an additional amount of money, such as a commission or a bonus that is guaranteed based upon work requirements. Overtime is required to qualify for retroactive overtime.
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