
They serve two purposes- as original salary slip and receipt of payment. Obviously, manually issued salary slips are things of the past as one will believe. Further, it will indicate mode of payment- cash, cheque, bank transfer. Often, government offices and departments, armed forces will use this system. The ‘Grade’ and ‘Rank’ system is to indicate seniority and pay scale. Your designation with the particular employer.

#SECURITY GUARD SALARY SLIP FORMAT FULL#

Large companies ask for copies of the last salary slip as proof of your earnings. A pay slip plays role of a bargaining chip when negotiating salary with a new employer. Pay slips help banks assess your creditworthiness and repayment capability.Ĥ. Banks and lender institutions will definitely ask for copies of salary slip while applying for credit or loan.

Further, bank credit, loans, housing mortgage and other borrowings you can avail is decided by the salary slip. This will include state-run medical care and cheaper food grains from public distribution system.ģ.
#SECURITY GUARD SALARY SLIP FORMAT FREE#
The salary slip also ensures access to certain services from the government that are given free or with heavy subsidy. In addition, you will know how much income tax returns you can claim from the government.Ģ. Your salary slip will also help fix how much money you will pay as taxes every year. It will decide whether or not you will pay income and other taxes. Further, you also need to file your pay slips carefully for future reference.ġ. Therefore, it is essential to obtain one every month. Your salary slip is important for many reasons. However, it will only indicate a salary transfer without much detail.

It is your legal right to ask and get a original salary slip or pay slip. It is compulsory for you to endorse the salary slip to acknowledge you have got the money it mentions. Moreover, it is legally binding upon your employer to issue you a salary slip as proof and statement of your earnings and deductions if any. Importantly, a salary slip is a vital legal document too. Regardless, they both indicate your earnings. Pay slip salary, in comparison, is given to workers whose income and allowances can vary according to number of hours or days they work. Understandably, because salary slip is given to employees whose monthly pay and allowances are known. What is Salary Slip / Pay Slip?Ī salary slip is also known as pay slip in some countries. Mainly, because all we want to know is the money we made and how much went to deductions of various types. However, most of us dispose a salary slip without giving it the due importance. Some get a salary slip every month, others every fortnight and many, every week. Salary slip carries details about your earnings for any particular time period. Some employers issue the pay slip on paper while others email it to staff. Salary slip, also known as pay slip, is given to every employee of companies small and large.
