Do You Keep Your Pay Stubs?

July 26, 2010

Ever wonder why it’s important to keep your pay stubs? Here are a few good reasons why you should:

  • Your pay stub is your only record of the hours you spend working, and the rate at which you are paid
  • If there is ever a dispute over your hours worked, or income paid, your pay stub will be the single most important information needed to settle the dispute
  • Your pay stub keeps track of all your deductions – the amounts paid towards your MSP, CPP, EI, and taxes
  • Your pay stub is the only way to ensure the correct amounts are being deducted from your pay
  • When you have your pay stubs on hand, it makes any mistakes quicker to correct, and any questions easier to answer

It is recommended that you keep your pay stubs for an entire year in case you need to refer back to them. Please keep your pay stubs at home, and in a safe place.