Most employees receive payslips and take them for granted, but what are the legal requirements?
All employees, including those working part-time and temporarily, are entitled to receive a written payslip on or before their pay day. The Employment Rights Act (ERA) sets out the required contents of a payslip:
Gross pay
Amounts and purpose of variable and fixed deductions
Net pay
Method of payment (where different amounts are paid in different ways)
Employers deducting premiums for Stakeholder Pensions must show the deduction clearly on the payslip.
In practice, most employers give much more information than the basic statutory requirements. For instance, it is obviously good practice to analyse gross pay to show:
