An employee paystub is as important as your corporate social media picture- Find out how
Wondering what your profile picture has to do with your paystub?
Well, that is not an obvious question since it is hard to compare your profile picture with your check stubs. But at the end of this post, you will understand the reason for comparing these two.
Did you know that on the average, a Facebook user change his profile photo 18 times a year? So, you can imagine how important a social media picture is;
- It appears in the Newsfeed of your followers
- It is posted on your page’s Timeline
- It comes along your Replies, Comments and Posts you make on other pages
Besides, people recognize you through your profile picture. Let’s say you are running a business through Facebook. Have you met with all those who have followed you online? Of course, not! But they still count on you and work with you, right?
Actually, it is your profile picture posted somewhere which helps in creating your ‘righteous’ first impression, and that too without actually meeting with the person face to face. It helps them identify you in the crowd of many. It is in this same way that a paystub works for an employer.
How Do Check Stubs Turn Out To Be Important For Employers?
Basically, it is your company’s paystub which acts as a ‘profile picture’. How a paystub looks will depict the values of an employer and his organization. For an employee, it is important to understand the paystub. But for an employer, it is more important to pay attention to how the check stub appears.
Below are some key points to remember when designing your company’s new or updated employee paystub:
Keep Company Changes Updated
With the passage of time, there may be many changes associated with your brand. So, if you have recently updated a logo, or have done some other changes with your branding, you need to update your paystub accordingly.
Similarly, if you moved to a new place or modified your work address in any way, ensure that the address you add to the payroll is accurate and up to date. While it is helpful for the employees to have the correct information in front of them if you do not provide this information you may also be non-compliant as per your employee’s work state.
Legal Agreements cannot be Overlooked
Of course, the company image and branding is an important thing. But it is not the only thing that matters is the pay stub details you provide to employees must be mandated by the state in which that employee is working. This becomes more important if the employees are not exempt from overtime.
As far as California is concerned, the state rules require full legal name and address of the employer to be displayed on the employee paystub, the absence of which can lead to large civil penalties.
Help to gain prospective staff confidence
Employees nowadays are very smart. For instance, there is a requirement in your company for some particular position. They conduct a thorough check of the company details before joining. In such a situation, it is a properly created paystub which can help attract potential employees.
So, if it has been a while and you haven’t updated your employee paystub, it is the right time to start.