Paycheck
A check or deposit for employee wages.
A paycheck is the payment instrument (physical check or electronic deposit) delivering an employee's net pay. Each paycheck should be accompanied by a pay stub or earnings statement showing gross pay, itemized deductions, and net pay. Most states require employers to provide detailed pay stubs, and many mandate electronic delivery options.
Example
An employee receives a bi-weekly paycheck via direct deposit with a digital pay stub showing $3,200 gross pay, $832 in deductions, and $2,368 net pay.
Why It Matters for Your Business
Timely and accurate paychecks are fundamental to the employer-employee relationship, and pay stub transparency builds trust and reduces disputes.
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