A salary slip template is a formal document generally given by the manager to his employees when they are paid their salaries. This document includes some basic information about salary of an employee such as basic pay, tax, pensions, allowances and net amount paid. A salary slip template additionally includes employee’s name, designation, month of payment, date of payment as well as signatures of employer. This document is also act as an evidence that an employee receive the salary that has been made by the employer. Therefore a salary slip is very crucial document because it can be presented as an evidence to new employers. It also verify that they have been paid that amount or a proof of payment made in case of any dispute. A salary slip format is prepared by the employer & signed by an employee after receiving the salary. It is essential to issue salary slip by the employer when salaries are paid.
Benefits of Salary Slip Template
A precise salary slip used for different purposes but main objective is to keep it as evidence. It records the facts related to the salary like; tax paid, basic pay, insurance statement, deductions, security deposits, utility charges, date and month, employee and employer signatures. In case if the employee blames the employer to repay the salary, then this salary slip template will protect the employers as a proof which explains that the employer has made the payments for salary through check or cash on specific date. Thus, the salary slip will help the employee for renting an apartment for residency or applying for a bank loan. This format helps you in making a perfect and unique format for your business or shop. You can make necessary changes because our motive is to provide you a format which can make you comfortable.
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