Answers to FAQs about pay stubs

Answers to FAQs about pay stubs

Answers to FAQs about pay stubs

Overtime  paycheck stub is the additional pay that an employee receives for working more than a certain number of hours in a week or a day.To calculate your overtime pay rate, multiply your regular hourly rate by 1.5.A salary is a fixed payment that an employee regularly receives, regardless of the number of hours worked.Salary is paid on a fixed schedule, while hourly pay is based on the number of hours worked. Salaried employees are typically exempt from overtime pay.

A 401(k) contribution is a retirement savings plan in which employees can contribute a portion of their pre-tax earnings to a retirement account.A W-4 form is a tax form that an employee fills out to inform their employer how much tax to withhold from their  paycheck stub.To change your tax withholding, complete a new W-4 form and submit it to your employer.The year-to-date total is the total amount of earnings, deductions, and taxes withheld from an employee's pay for the year up to

25 Views
 0
 0