By law, all employers must issue employees with payslips when wages are paid. Naturally employers have many questions – What are the benefits of a payslip? What information should appear on the payslip? What deductions can be made? Are there limits to these deductions?
What are the benefits?
Payslips are a handy tool to assist in managing labour relations and has many benefits for both the employer and employee. Receiving a payslip also empowers the employee to open an account, apply for a loan and serves as proof of employment. Benefits for the employer include the following: Read more