Paycheck definition

What is a Paycheck?

A paycheck is a check issued by an employer to its employees, to compensate them for the work they have performed for the organization. A paycheck contains the net amount of salary or wages paid to an employee . A pay stub is normally attached to a paycheck, detailing an employee’s gross pay , itemized deductions, and net pay . Paychecks may be replaced by electronic payments, such as direct deposit , that send the pay amount directly into an employee’s bank account.

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