In this case, if employees want to receive monthly salary slips, they can request their HR to do so or get a salary certificate. Smaller-size companies don’t usually provide their employees with monthly payslips. The recipients are either given hard or soft copies and sometimes both.Īll organisations do not give salary slips out. Salary Slip MeaningĪ salary slip, also known as a payslip, is a document containing an employee’s salary details, including basic pay, bonuses, deductions, etc., given to the employee by the employer each month. In this blog, we’ll also cover the importance of salary slips and share a few salary slip samples for the same. Let’s prepare ourselves for that, shall we? We have not reached it to the point where we will eventually need them.
And, we don’t believe that it is our fault. Salary slips do have their importance, and most of us are blind as to what those are.
In this article, we’ll cover what is Salary Slip, also called a “payslip”? How to prepare Salary Slip in Excel? We have also included various salary slip formats in excel, word and pdf. Some throw them away, while some misplace them, never to be looked for again. Salary slips are given to employees by employers every month. All these details vary from company to company. Deductions are also mentioned in the salary slip format and these deductions are, professional Tax, Tax deduction at source and employee provident fund. These are basic details of the employee.These details are followed by main content of the salary slip that are earnings like Basic pay, Dearness allowance, House rent allowance, Medical allowance and Special allowance. Every month an employee receives a salary slip mentioning the components such as Name of the company, Designation, Location and Bank name & Account number. Salary slip format is an official structure that contains details of the employees and their earnings breakup.
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