What are common terms found on a pay stub?
An example of an AI chatbot conversation about common pay stub terms and their meanings.
What are common terms found on a pay stub?
Common terms on a pay stub include gross pay, net pay, deductions, and withholdings. Would you like to know what each term means?
Yes, please explain gross pay and net pay.
Gross pay is the total earnings before any deductions, while net pay is what you take home after deductions.
What about deductions? What do they include?
Deductions can include taxes, health insurance, retirement contributions, and other benefits. They reduce your gross pay to calculate net pay.
Thanks! Can you give me an example of a pay stub?
Sure! A pay stub typically lists your gross pay, deductions, and net pay, along with your hours worked and pay period.
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