These include:Įnsuring compliance with the Canada Revenue Agency (CRA) There are 3 payroll obligations each employer has to fulfill. What Information to Include on a Canadian Pay Stub If they choose a deposit, you can mail them a digital copy of their pay stub to their email address. If employees get paid with a check, the wage slip should be attached. The pay period depends on the company and its pay frequency but typically includes a weekly, bi-weekly, or monthly payment. Net pay is the salary an employee actually receives, either as a check or a direct deposit. Gross pay is the total salary an employee has earned before deductions. How to Create Paystubs That Meet All Legal RequirementsĪ pay stub is a written summary issued by the employer that contains information about the employee’s gross and net pay for a specific pay period.What Information to Include on a Pay Stub.In this article, we’ll cover the following: All you need to know is their paystub formulas and what goes into a paystub calculation, and you can create your own pay stub in no time.
Plenty of excellent pay stub generators and in-house software programs streamline the process of paying your employees. Have you been wondering if you can manually calculate Canadian pay stubs? The short answer is yes.
