Why you should read your paystub?

why you should read your pay stub

Humans are prone to mistakes so mistakes happen. You won’t want same to happen with your paycheck so it’s necessary for you to read your paystub. With StubCreator, we are making an effort to highlight the mistakes prone areas on your paystub. This will help you in catching mistakes easily before wasting money or time as both are valuable. Money can be earned again but time lost is lost forever. For your small business, if you want to save great amount of time from your payroll services then StubCreator can come at your service and we can provide you with online pay stub maker which helps you keep track of all the taxes and deductions. StubCreator will work for you and email you your auto calculated paystubs which makes payroll an easy task.

Mistake Prone Zone

Finding mistakes on your paystub isn’t a rocket science. It’s pretty easy to find mistakes in your paystub. It’s simple as you just have to pay attention and check correctness of everything that is mentioned on paystub. Few of the places which are most likely to have mistakes which we can define as mistake prone area:
  • Total hours worked: Irrespective of whether you are on salaried basis or hourly basis, you should cultivate the habit of checking total number of working hours. The frequency of error in calculating this is pretty high. By having a look at this, you can make sure you get all your rightful money.
  • Paid Time Off: Have record of your paid time off, the vacation time off, sick leave and tally it in the end when you receive your pay stub. In case of error, you can contact the responsible person who in most cases is your Human Resource Manager. Based on records and on further verifications, if you are right they will surely make the changes.
  • Tax Calculation: Checking the correctness of taxes is very important for you as an individual. If in any case, there is mistake in the tax calculation; Income tax return department will hold you from your collar and not your company. In above cases, you will be paid less from what should be actually paid to you but in this case, you get stuck in a legal matter and you may have penalty or in severe case you may get behind the bars. So make certain that you keep a track on local and state taxes as sometimes HR personnel may forget about it. In this case, StubCreator will help you out as it is created as per state laws and we update it regularly based on the changes in current taxation system.
  • Information: Check your basic information like name, adder, SSN and other details as these areas are prone to mistakes. Double check if your name is slightly different from the most common names and resembles to common names. SSN is important as based on that you will get your retirement benefits. Checking this not only helps in present but also in future.
  • Deductions: You need to double check the deductions and their amounts and check if the deductions are correct or not because it can save you from trauma if you are an investor in any of the retirement related plans. If your company provides you with retirement benefits check the details and specially the amount.
Thus, in this way checking your paystub is beneficial to you only in all respects.
Location: United States

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