Compliance
Itemized Pay Statement
A written statement provided by an employer to an employee detailing the components of their wages for a specific period.
Definition
An itemized pay statement is a mandatory document that employers must provide to their employees at or before each payment of wages. This statement must clearly indicate the period of time the wages cover, the specific rate of wages, and, if the employee's hours vary from week to week, the actual number of hours worked. This provision ensures transparency in wage calculations, allowing employees to accurately verify their earnings, understand deductions, and ensure compliance with the Act's provisions regarding remuneration and overtime.