Wage Statement
/ˈweɪdʒ ˈsteɪtmənt/
Definitions
- (n.) A document provided by an employer detailing employee earnings, deductions, and net pay for a pay period.
The employee reviewed her wage statement to confirm her overtime compensation.
Forms
- wage statement
- wage statements
Related terms
See also
Commentary
Wage statements are critical for compliance with labor laws requiring transparency in employee compensation and are often regulated to ensure accuracy and completeness.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.