How to read a payslip

Every payslip follows the same layout. This guide explains each section so employees and admins can check a payslip quickly.

Header and days

• Employee details — employee number, date joined, department, designation, payment mode, masked bank account, UAN, PF number, masked PAN and pay date.
• Day boxes — Total working days, Loss of pay days, Days payable and Actual payable days. If you worked overtime, OT hours is shown too.

Net pay = A − B − C

The last line, Net Salary Payable (A − B − C), is what you receive. If your company rounds net pay to the rupee, the payslip notes the rounding adjustment.

Why earnings are lower than my salary

• Loss of pay — each LOP day reduces earnings by monthly salary ÷ the company's per-day basis (working days, calendar days, 30 or 26). The LOP amount is shown for information only — it is already taken out of earnings.
• Joined or left mid-month — you are paid only for days you were employed. Those days are not LOP.
• Salary revised mid-month — each salary is paid for the days it applied.

Admins can see the exact calculation under How this was calculated on the payslip — see Per-day salary basis, LOP and overtime.

Employer contributions

Employer PF, ESI and gratuity provision appear under Employer contributions (part of CTC, not deducted). They are not paid to you monthly and are not deducted from your pay.