BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is a pay stub?
A
Credit Report
B
Earning Statement
C
Report Card
D
Credit Score
Explanation: 

Detailed explanation-1: -A pay stub refers to the payment statement, payslip or wage statement that is given to them by their employer. When the employee is paid through a bank transfer, the pay stub is given to them physically or digitally to inform them of the payment details.

Detailed explanation-2: -Earnings statements (also called pay stubs or check stubs) are important payroll records for employers and employees that document information about wages paid, hours worked, deductions made and benefits accrued by an employee.

Detailed explanation-3: -The earnings section shows your earnings from the pay period and includes overtime. It also shows pre-tax deductions for different employee benefits that you may receive, such as health insurance and retirement contributions.

Detailed explanation-4: -Ask your employer where you can find your pay stub Ask your manager or the human resources department where you can locate them electronically. Typically, companies who house them electronically have them on a payroll service website which requires an employee login and password.

There is 1 question to complete.