Most people fail to understand this as it’s interchangeably used among people, which leads to confusion. ![]() What is the difference between a salary slip and a payslip or pay slip?Īccording to CiteHR, there is no difference between a salary slip and a payslip. It’s important to note that generating a salary slip in a hard copy or soft copy is based on the business’s preference. What is a salary slip?Ī salary slip is a document which contains a detailed list of the main pay items in an employee’s salary along with specific details of an employee relevant to the employment such as the employee’s name, employee ID, employee’s bank, and the pay date etc.Īccordingly, a salary slip is issued by the employer every month in the form of a hard copy or a soft copy generated to the employee’s email. If you happen to be one of those businesses, you have reached the right article to deepen your knowledge and clear your doubts about salary slips. ![]() Most small businesses lack knowledge of salary slips and find it complicated to understand what should be included in a salary slip and which format needs to be adopted.
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