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A pay stub or paycheck stub is a document that is issued to by an employer to his/her employee as a notification that payment has been made for the services rendered by the employees. Pay stubs are synonymously referred to as payslips, pay advice or even check stubs. Employees are the ones who happen to be the primary beneficiaries of the paycheck stubs, they will get to know more about their wage information as well as their deductions. But employers will also benefit by having proof of correct payment of their employees. A pay stub template is quite handy for any employer as it will help them to generate many pay stubs with a lot of ease. Click here to read more.