These happen to be cost effective and time saving for these businesses. Many of them have opted for the paperless options which include direct deposit or prepaid debit cards to send the payment directly to their employees’ bank accounts. Many business have abandoned the use of paper paychecks while compensating their employees. A pay stub template is quite handy for any employer as it will help them to generate many pay stubs with a lot of ease. But employers will also benefit by having proof of correct payment of their employees. Employees are the ones who happen to be the primary beneficiaries of the paycheck stubs, they will get to know more about their wage information as well as their deductions. Pay stubs are synonymously referred to as payslips, pay advice or even check stubs. A pay stub or paycheck stub is a document that is issued to by an employer to his/her employee as a notification that payment has been made for the services rendered by the employees.
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