Paycheck

Payroll terms vary by state and country. Below is an extract from the Wikipedia encyclopedia

“A paycheck is traditionally a paper document issued by an employer to pay an employee for services rendered. While most commonly used in the United States, recently the physical paycheck has been increasingly replaced by electronic Direct Deposit to bank accounts.

In most countries with a developed wire transfer system, e.g. in Europe, using a physical check for paying wages and salaries has been uncommon for the past several decades. However, vocabulary referring to the figurative “paycheck” does exist in some languages, e.g. German (Gehaltsscheck), partially due to the influence of US popular media but this commonly refers to a payslip or stub rather than an actual check.”

To learn how to change your paycheck into direct deposit or wire transfer contact our payroll department.

Payroll Terms