What is a Pay Stub?

Jesse Abrams - April 25, 2018, 8:12 pm

What is a pay stub?

A paystub validates an employee’s income and is often requested by lenders. It is a document that is provided by the borrower’s (employee's) employer each time that the borrower is paid. This may be by cheque, direct deposit or other forms of payment. The paystub is often used to validate that the job letter and application accurately reflect each other.


Where can you get your pay stub? 

The company that you work for will be able to provide you with pay stubs. You can reach out to HR or Accounting. You may also get a pay stub mailed to you at each of your payment periods (often bi-weekly). 


What does a pay stub look like? 

You can view an example of a pay stub on the website here

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