Definition, Meaning & Synonyms

payslip

noun

/ˈpeɪslɪp/

Definition

A document provided by an employer to an employee that outlines the details of their salary or wages for a specific pay period.

Examples

After receiving my payslip, I reviewed the deductions made for taxes and insurance.
It’s important to check your payslip for any discrepancies in your wages.
Many employees rely on their payslip to understand their monthly earnings and budget accordingly.

Meaning

A payslip typically includes information such as gross pay, deductions, and net pay. It serves as a record of the earnings and is important for personal finance management.