In case of any medical sickness or problem faced by employee the expense is bear by the company. Various good companies try to offer medical allowance to their employee’s to guarantee their sincerity with company. In some cases petrol amount also includes, which is important as employee per month. Some amount of money added in pay slip is convenience allowance which employer gives to worker so that he can travel to office from his house. In some cases living place is made available by company then there is no rent allowance. It is composed of some amount to employee by an employer so that he can live in specific house or apartment. It is fix salary as the agreement shows which owe by employee at the end of month. The main information generated from salary slip is basic salary of a person. How to prepare salary slip Content of Wage Slip: In case of joining new jobs it useful, sometime as a proof that he was earning this much amount in previous job. It helps in giving a rough idea about financial condition of a employee. When a person apply for loan in bank the bank need financial proof before granting loan ensuring that it returns by person from his salary. It prevents any cheating cases and fights later between employer and employee.
