Easily Replace Circle into the Employee Pay Stub

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How to Replace Circle into the Employee Pay Stub

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what is a pay stop hi folks in this video were going to talk about pay stubs what they are and what information is to be in them im hector garcia im a cpa quickbooks consultant and business owner im a big fan of intuit quickbooks and im partnering with them to produce this video series all about payroll in fact i have an entire youtube channel where i have tons of videos about quickbooks accounting tax and a bunch of important small business topics hit that like button if youre interested in seeing more videos on these topics now lets dive right in into everything you need to know about these pay stubs pay stops show details about each of the employees paychecks for each period they typically accompany physical paychecks however most employers offer direct deposit and they make these pay stubs available electronically to make the paycheck process totally paperless pay stubs are particularly important because they keep employees informed they also help employees get a clear pictu

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What does off-cycle mean?

An off-cycle payroll check is a manual check that is processed between regular scheduled paydays on an exception basis due to missing or incorrect pay on the previous regular scheduled payday.

What is an example of a green circle rate?

Green Circles are those who are paid under the minimum for the range. This typically happens, for example, when someone is promoted from a much lower position and managers dont want to give a huge raise of say, 20 percent or 30 percent.

What is the red circle and green circle employee?

The term red circle rate is used to describe an employee whose pay is above their positions maximum rate. Conversely, a green circle rate is used to describe the salaries of your underpaid employees, who you should consider paying more equitably as soon as possible.

What is an example of red circling?

For example, Employee X makes $60,000, but the position is graded at $52,000. Red circling would freeze Employee Xs salary at $60,000 until he/she leaves the organization, retires, or the wage grid catches up to $60,000 through the annual increases (whichever comes first).

What is the difference between on cycle and off-cycle payroll?

Definitions. On-cycle Payroll: Biweekly or monthly payroll payments processed and issued on the regularly scheduled payroll dates established by University Payroll. Off-cycle Payroll: Any payroll payments made outside of the on-cycle payroll process.

What does red circle mean in payroll?

A red circle rate is a rate of pay authorized above the maximum salary for a class. A red circle rate is intended to mitigate the hardship when an employees salary is to be lowered through no fault of the employee.

What is green circle in compensation?

Green circle rates are salaries below the minimum rate the employer has established for the positions salary range. Green circle rates are equally as problematic as red circle rates in that they do not follow established guidelines. A solution is to provide pay increases up to at least the minimum in the range.

What if payroll makes a mistake?

If youre an employee and you notice that your paycheck has an error, you should let your employer know right away. Specifically, let them know what the problem is and share a copy of your pay stub as proof. This way, management or human resources (HR) can fix the problem as soon as possible.

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