Your pay stub, also known as a paycheck stub, pay advice, or pay slip, is a critical document that provides a detailed breakdown of your earnings, deductions, and other financial information related to your employment. It’s a valuable tool for understanding your income, tracking your tax liabilities, and ensuring that you’re being compensated correctly. In this guide, we’ll delve into the various components of a typical pay stub, explaining each element and its significance. Part 1: Introduction to the Pay Stub 1.1 What is a Pay Stub? A pay stub is a document that is usually provided to employees by…