A cover slip, also spelled pay slip or pay check, is a piece of paper issued by an employer to a worker, usually on the day of payment, to indicate the worker’s salaries and other information. This sort of documentation is used to assist both the employer and track employee time. The pay slip also records all deductions made and is usually electronically signed. All pay slips must be signed by the employee before receiving the cash from their employer. There are no exceptions to this rule.
In Canada, pay slips can be collected by electronic means, through the Internet. This is usually accompanied with a digital receipt, which is used to recover money paid to the worker. Pay slips can be stored in computer files at regular computer or online business establishments. These files can either be viewed with a Web browser, downloaded to portable devices like USB memory sticks or e-readers or printed out. Electronic files are often password protected to safeguard personal information.
In most cases, employers print out the pay slip at the time of payment or uses platforms like paystubsnow.com. The pay slip then acts as a confirmation of employment. It typically states the date that the pay was received, the recipient’s name, address, payroll deductions, regular and overtime wages and other information needed to calculate and issue the employee’s pay. It might also show information regarding lay offs, vacations, sick leaves and other employees-related info. Additionally, it shows whether the employee has reached the expiration date for the pay period stated on the slide.
A worker needs one copy of their pay slip per pay period. He or she could keep one copy with him or give it to the employer. It’s usual for employers to keep track of the number of hours an employee has worked during the pay period. By keeping the number of hours worked on every pay slip, an employer can determine whether the employee was overworked or underpaid. In that case, he can think about adjusting the employee’s pay rate.
If you leave your job with no pay slip it’s expected you will be able to get one from your next employer. However, this is not necessarily the case because your former employer may require an extension to pay you. This is especially the case if your company is going through a downsizing process. You will need as long as a few months to a year to settle into your new employer’s policies regarding your cover.
You may ask your employer for a cover slip if you feel wrongfully treated. You shouldn’t be afraid to contact your employer if you feel mistreated. A pay slip may also prove invaluable as evidence in a case of wage theft from your employer. As an example, if you know that you were paid less than the agreed wage sum, you may use the slide to prove your claim.