Wage Grade Slip HR
Wage Grade Slip
The Wage Grade Slip is a bi-weekly financial summary for [Your Name] at [Your Company Name], outlining his earnings, deductions, and other key financial information for the pay period ending September 30, 2050.
Employee Information
|
Name |
[Your Name] |
|
Employee ID |
12345 |
|
Department |
Production |
|
Pay Period |
Bi-Weekly |
|
Pay Date |
September 30, 2050 |
Earnings
|
Regular Hours |
80 hours @ $20.00/hr |
$1,600.00 |
|
Overtime Hours |
10 hours @ $30.00/hr |
$300.00 |
|
Total Earnings |
$1,900.00 |
|
Deductions
|
Federal Income Tax (10%) |
$190.00 |
|
State Income Tax (5%) |
$95.00 |
|
Social Security (6.2%) |
$117.60 |
|
Medicare (1.45%) |
$27.55 |
|
Health Insurance Premium |
$100.00 |
|
401(k) Contribution (5%) |
$80.00 |
|
Total Deductions |
$610.15 |
|
Net Pay (after deductions) |
$1,289.85 |
Year-To-Date (YTD) Information
|
Total Earnings YTD |
$30,400.00 |
|
Total Deductions YTD |
$6,850.75 |
|
Net Earnings YTD |
$23,549.25 |
Employer Contributions
|
Employer 401(k) Match (3%) |
$45.00 |
Additional Information
|
Vacation Balance |
40 hours |
|
Sick Leave Balance |
24 hours |
