At a glance
- Your payslip explains how your gross pay becomes your net pay.
- Taxes and employee deductions reduce net pay; employer contributions do not reduce your net pay.
- Your payslip is different from your employer's invoice.
What a payslip is
A payslip is your personal payroll statement for a pay period. It helps you understand your earnings, deductions, reimbursements, and the final amount paid to you.
Your payslip may be available after payroll is approved or released. If a payslip is not visible yet, payroll may still be in progress or waiting for employer approval.
How to read the main amounts
Gross pay is your pay before taxes and deductions. It can include base salary, hourly wages, allowances, bonuses, commissions, approved reimbursements, or other earnings depending on your employment setup.
Deductions are amounts taken from gross pay before the final payment, such as income tax, employee social contributions, pension deductions, benefit deductions, or other local statutory deductions.
Net pay is the final amount paid to you after employee-side taxes and deductions. In many countries and regions, the exact labels on a payslip vary by local payroll rules.
Employer contributions and company costs
Some payslips show employer contributions or employer-paid benefits for transparency. These are company-side costs and are not deducted from your net pay.
Your employer's invoice may include employer taxes, benefits, service fees, or other company costs that are not part of your personal pay calculation. That is why an invoice and a payslip should not be expected to match.
When checking a payslip
- 01Confirm the pay period and payment date.
- 02Review gross pay, bonuses, allowances, and reimbursements.
- 03Review employee-side tax and deduction lines.
- 04Compare net pay with the amount you received.
Employee document
Use this page when you are reviewing your own pay. Employer finance teams should use the payroll invoice help page instead.