A business document providing you with the details of the salary obtained from the employer or company for the month is a salary slip. It is an employer-generated document to give an employee details regarding how he or she is paid for the recent month. It becomes vital for an employee when he visits the bank to get a personal or vehicle loan from the bank. A salary slip could be an important part of the loan application because it certifies the actual salary amount of the employee that he receives every month from the company or employer and the salary slip format must be professional in appearance.
Every month, a company that pays the employees on a monthly basis, issues salary slips to each and every employee once salary has been paid out. It sounds like a simple business document but it becomes vital when the bank asks you to come with a salary slip for opening a bank account. It can be essential for many other reasons and one must use the right salary slip template to create such slips easily and professionally. An employee can also verify the details and figures of the salary deposited by the company to his or her personal account.
Pay slip is the other name of salary slip and is usually delivered to the employees each month via postal address, email, fax, etc. If the company is not sending these slips on a regular basis, then an employee can get one by making a formal request to the concerned department or entity. A good salary slip template may have fields to write details like the name of the business and address, name of the employee, month of the salary, basic salary, deductions made by the employer, total salary of the employee after adding other benefits, date of direct salary deposit, etc.