As an employer you must and are legally obliged to give each of your employees a written itemised statement of pay. This is usually known as a payslip or wage slip and must be issued at, or before, the time you pay the employee.
You do not have to give an itemised payment statement to:
- Freelancers and contractors i.e. people you pay who are non-employees
What should be in you pay statement
- The gross amount of the wages or salary before deductions
- The amounts of - and reasons for - any fixed deductions
- The amounts of - and reasons for - any variable deductions
- The net amount of wages or salary payable after deductions
- A breakdown of each part-payment e.g. part by cheque, part in cash
The HR documents folder
now contains over 340 documents covering more than 20 topics including payslip and wage slip.
Sample wage slip you can download and adapt