How Do You Spell PAYSLIP?

Pronunciation: [pˈe͡ɪslɪp] (IPA)

The word "payslip" is commonly spelled with two syllables: PAY-slip. The first syllable is pronounced with the long "a" sound, as in "day" (IPA: /peɪ/). The second syllable is pronounced with a short "i" sound, as in "lip" (IPA: /slɪp/). This word refers to a document given to an employee by an employer, detailing their earnings, taxes, and other deductions. Proper spelling of the word is important for clear communication and accurate record-keeping.

PAYSLIP Meaning and Definition

1. A payslip, also known as a pay stub or paycheck stub, is a document provided by an employer to an employee indicating the details of their earnings for a specific pay period. It serves as a record of the employee's wages and provides transparency regarding the calculation of their net pay.

   Typically issued either in paper or electronic form, a payslip is an essential component of an employee's payroll process. It includes various important information, such as the employee's name, identification number, pay period dates, payment date, and the employer's contact details. The payslip also contains details related to the employee's gross earnings, including their base salary, hourly rate, or commission, before any deductions or taxes are applied.

   Moreover, a payslip provides a breakdown of various deductions made from the gross pay, such as income tax, National Insurance contributions, pension contributions, and any other applicable withholdings. It reflects the employee's net pay, which is the final amount they will receive after all deductions are subtracted from their gross earnings.

   In addition to documenting earnings and deductions, payslips may include other relevant information, such as the employee's leave balances, overtime hours, bonuses, or any additional payments received during the pay period.

   Payslips play a crucial role in clarifying the financial transactions between an employer and employee, ensuring transparency, and providing employees with a clear summary of their earnings and deductions.

Common Misspellings for PAYSLIP

• payslips
• oayslip
• layslip
• -ayslip
• 0ayslip
• payslilp
• payslipp
• peyslip
• payslyp
• ayslin
• Passlis
• paysbil
• Payslep
• Payselep
• Payslipe

Etymology of PAYSLIP

The word "payslip" originated in English in the late 18th century. Its etymology can be understood by breaking down the word into two parts: "pay" and "slip".

1. Pay: The term "pay" comes from the Old French word "paie" and the Latin word "pacare", both meaning "to pacify" or "to satisfy". Over time, "pay" evolved to mean "to give money to someone for work or services rendered".

2. Slip: The word "slip" in this context refers to a small piece of paper or a document. It is derived from the Old English word "slyppe", which means "fragment" or "sheet torn off".

So, when combined, "payslip" refers to a small document or piece of paper that provides information about the payment given to an employee for their work or services.

Idioms with the word PAYSLIP

• live payslip to payslip The idiom "live payslip to payslip" means that a person's income is just enough to cover their basic living expenses from one paycheck to another, without any significant savings or disposable income. It implies that the individual has little financial security or the ability to handle unexpected expenses.