I Can't Believe It's Not Required!
I always figured that pay stub requirements were pretty standard, and that most employers followed the same procedures when doing payroll. This summer I've discovered that some of the information that I've always taken for granted, is actually not required to be on a pay stub in some jurisdictions.
For a worker who is paid by the hour, most pay statements will include:
Date the pay is issued
Number of hours worked
Gross pay (calculated by multiplying the hours worked by the wage)
Payroll deductions for tax, union dues, pension plans, insurance, etc.
Net pay (gross minus all deductions)
And of course if there are amounts for pay in lieu of vacation, overtime worked, statutory holidays, etc., these will also be recorded as well.
But I had always believed the dates for the beginning and end of the pay period were required to be on the pay stub as well. And it turns out that in British Columbia at least, this is not mandatory .
Really! And apparently in Manitoba there is similarly no requirement for the pay period to be defined. Many other jurisdictions do specify that the pay period must be on a pay statement, but it seems unreal that it would ever not be there.
What information must be on a pay stub where you live or work?
Image Credit » http://pixabay.com/en/clock-time-calendar-agenda-163200/