Employee salary statement is an overview of the benefits and allowances received as part of the salary by an employee from his company. It is written by an accountant under the supervision of an officer in charge of determining the salary with sizeable understanding of pay administration. It must be enunciated carefully so that nothing gets omitted happenstance.
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Sample Employee Salary Statement
The statements given below provide a quick view of the salary structure the employee is entitled to that becomes operative from the date of joining the firm. The decisions taken by the board is final and the employee cannot question them under any circumstances.
Name of the employee: Madison Homer
Name of the company: Diva Consultancies
Tile of the job: Senior Technical Engineer
Date of joining: 4th June, 2011
Prior work experience:
- Technical advisor at Falcon Engineering Group
- Technical supervisor at HVL Cars
Specific Salary Statements
1. Statements specific to the employee
Basic monthly salary: $40, 000
Medical insurance and hospital benefits: $500
Accident insurance outside workplace: $ 600
Accident insurance within workplace: $700
Pension fund reservations: $300
Employee’s net monthly salary: $42100
The amount of salary payable to the employee every month minus the occasional bonuses has been fixed at Forty-two thousand and one hundred dollars.
2. Statements specific to the employee’s family and entertainment
Family allowance fund: $200
Travel allowance fund: $3000
Periodical sickness benefit allowance: $500
Employee’s net parent’s wage cost: $3700
The total amount of parents’ wage cost inclusive of premiums has been fixed at Three thousand and seven hundred dollars.
Signature of Manager: _________________________________