27+ Sample Salary Slip Format in Word Templates : Components of Salary Slip

A salary slip is a vital document that is well recognized by all business establishments. It has comprehensive details about the employee, employer, any deductions, and other things. So, let us have a look at the components of a salary slip.

Now, that you are aware of the significance of salary slips and their types, let us have a look at the free salary slip templates that are also completely editable.

Sample Salary Slip Format Templates

Private Job Salary Slip Format

private_job_salary_slip_format

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Here, apart from using the traditional black, multiple colors are used for text and number like red, blue, pink and purple on a white background.  It has four columns and five rows.

Salary Slip Format 20000

salary_slip_format_20000

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The salary slip here comes with two tables separated with a whitespace. While the top one has two columns in blue and a shade of red, the bottom one comes with three columns in a combination of baby pink and white.

Salary Slip Format As Per Factory Act

Salary Slip Format As Per Factory Act

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The salary slip has multiple tables with several columns and rows on a white background. However, the bottommost table has an entire row in bright red that makes the salary sip look endearing.

Salary Slip Format As Per Payment Of Wages Act

Salary Slip Format As Per Payment Of Wages Act

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The salary slip is a simple one with seven rows and fewer columns. Everything in the salary slip is in black except the ‘Next Pay’. There is a separate row for the header i.e. the company name.

Salary Slip Format Bank

Salary Slip Format Bank

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Heavy on text, the paystub comes with a large table at the center on a white background and some cells in gray. The most prominent feature is, however, its header in a large text box at the top.

Salary Slip Format Basic

Salary Slip Format Basic

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With a dedicated space for a company logo to its top-right, the salary slip comes with different shades of orange on a white background.

Salary Slip Format BPO

Salary Slip Format Bpo

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The salary slip is simple and has a clutter-free design with everything within cells and a header consisting of company details at the top.

Salary Slip Format For Bank Loan

Salary Slip Format For Bank Loan

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The salary slip is heavy on text with a textbox at the top containing a header and two consecutive tables among which the table below the header comes with countless rows and columns.

Salary Slip Format For Cash Payment

Salary Slip Format For Cash Payment

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The salary voucher is simple in terms of its layout with its text aligned to the left and ample space to fill the date. amount, details and other essentialities.

Salary Slip Format For Central Government Employees

salary_slip_format_for_central_government_employees

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The salary slip has a dedicated row as a header to make the salary details distinct and two separate tables with white space in-between.

Salary Slip Format For Contract Employee

Salary Slip Format For Contract Employee

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There is a blue text box at the top-right containing the header below which there are three consecutive tables with multiple rows and columns of which the center table has some of its cells with a tint of blue.

Salary Slip Format For Contract Employee 2

Salary Slip Format For Contract Employee 2

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The salary slip has a dedicated space to its top-right for the company logo and to its left extreme is the company details. Below the same comes a large table with its cells in two distinct shades of gray.

Salary Slip Format For Hotel Industry

Salary Slip Format For Hotel Industry

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The salary slip has a single table with three distinct rows in a shade of red and several rows and columns having the requisite text. If you don’t want to miss anything, this one is ideal.

Components of a Salary slip

Basic Salary- The higher the basic salary, easier will be to handle all your expenses.  It is generally 35 to 50 percent of your total salary.

House Rent Allowance- Also known as HRA, it is approximately 40 to 50 percent of the basic salary and can vary as per your location. For example, for metro cities, it is higher and for non-metro cities, it is a bit lower.    

Conveyance Allowance-Many employees travel a great distance to reach their workplace on an everyday basis, The conveyance allowance paid by the company eases the travel expenditure and is also not liable for any kind of tax.

Leave Travel Allowance-This one cover travel expenses of the employee. No, it is not like conveyance allowance but is paid by the company to cover the expenses that are incurred during traveling with the immediate family member while on leave. It is available in hand only after showing adequate proof of travel.

Medical Allowance-This also needs valid proof of expense but is mainly to cover the medical expenses if any during the tenure of employment. Failure to submit adequate proof, make the medical allowance taxable.

Performance Bonus and Special Allowance- Some employers give this allowance to encourage or motivate their employees to work better, but the amount is 100 percent taxable.

Types of pay slips or salary slips 

Salary slips are basically of two types that are mentioned below:

  • Online Payslips-Thanks to the advent of technology, these are not most preferred by all businesses across the world. As these are stored online, employees can easily track their salary slips whenever required. These are also environment-friendly with less use of paper.
  • Paper Payslips- These are simple and any kind of technical failure does not effect such salary slips, but yes, these consume much paper. The main advantage is all employees can have their salary slip in hard copy that gives a sense of security.

Salary Slip Format For IT Company

Salary Slip Format For IT Company

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With two rows in blue with text in white and a text box in between, the salary slip exhibits a rare clutter free approach in its designing.

Salary Slip Format For Labour

Salary Slip Format For Labour

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The wage slip and time sheet come with a blue header and several rows separated from each other via white space containing relevant text.

salary_slip_format_for_private_company

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The salary slip has two separate tables that have company details and logo at the top in a wide row and other details in the remaining cells of both the tables.

Salary Slip Format For School Teachers

Salary Slip Format For School Teachers

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There is a dedicated logo space to the top-left and an orange colored sub-header below the black header in bold. The rest of the salary sip has a table with multiple rows and columns.

Salary Slip Format For Security Guard

Salary Slip Format For Security Guard

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The salary slip features two columns at the top in blue and text in black on the same. The rest of the salary slip has its text in multiple columns and rows on a white background.

Salary Slip Format For Small Organisation

Salary Slip Format For Small Organisation

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The salary slip has a large header with company name at the top and four distinct columns within a table while there is a row separated from the table via white space at the bottom.

Salary Slip Format For Temporary Workers

Salary Slip Format For Temporary Workers

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The salary slip has the company details at the top followed by a table with some of its cells in light yellow and orange.At the bottom are several dotted lines that are left blank below the date.

Salary Slip Format For Visa

Salary Slip Format For Visa

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The salary slip has two tables adjoined to each other with the presence of blue and green in the table to the left at some places. A single feature that makes it distinct is the difference in width between two adjoining tables.

Salary Slip Format Hospital

Salary Slip Format Hospital

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The salary slip comes with a rare combination of white and fluorescent green. It has clarity in terms of featuring the text in a clutter-free fashion. While the top-right corner has the space for including the company logo, there is room for both employee and director’s signature at the bottom.

Salary Slip Format Proprietorship Firm

Salary Slip Format Proprietorship Firm

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The salary slip of a proprietorship firm too consists of a large table with two separate sections for earning and deduction details. At the bottom, there is enough space for signatures of both employee and the employer.

Salary Slip Format Software Company

Salary Slip Format Software Company

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The salary slip of an IT company features a large table which has company and employee details in the uppermost part and earnings and deductions in the middle one on a white background.

Salary slip format tcs

salary slip format tcs

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The payslip with its large table looks neat and has employee details and payment and leave details in two separate but adjoined tables. Two of its rows are colored while rest are colorless as mostly they are in a professional salary slip.

Salary slip format to whom it may concern

salary slip format to whom it may concern

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The salary slip has the company details aligned to its right corner and the rest of the text either aligned towards the left or center on a white background. Its main highlight are the rows that are colored in gray in alternate numbers.

Salary slip mail format

salary slip mail format

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The salary slip has a nice layout with a large table consisting of four rows and columns with ample white space and employee details at the top below the header.

Most of the educated people today are either self-employed or salaried. While self-employed professionals get their income from their own business or work and have no employer, salaried professionals get a fixed salary every month on a fixed day from their employer in the form of bank transfer, cheque or other means.  It is strange that although we all receive it and value it dearly to meet our expenses, the meaning of the word’salary’ is largely unknown to all. The word ‘salary’ has its origin in the Latin word ‘salarium’ that means an allowance to purchase salt in the Roman Empire. However, while many experts agree about its derivation from the Latin word, its connection with salt is highly debatable. So let us leave it, and have our focus on salary slip which is provided by the employer at the time of presenting the salary.

Why is a salary slip important?

A salary slip is an extremely important document that is required to produce after or before joining a new company. However, here is a list of reasons for which it is considered significant.

  • Need to show to a new employer or HR while switching a job. However, salary certificate is also fine
  • Helps during applying for a loan or to mortgage anything as it is required to produce in the bank or other financial institution
  • Helps in understanding the tax liabilities and making an optimal use of available deductions
  • Aids in the case of legal troubles at workplace as it is legal document, but many companies refrain from issuing the same to their employees