What is one piece of human resources information that employees should double check, whether on pay stubs or otherwise?

To help employees organize their human resources information, we asked HR professionals and thought leaders this question for their best tips. From your social security number to your taxes, there are several pieces of information that you should double check while filling on human resources information.

Here are 6 human resources information pieces that employees should double check:

• Social Security Number
• Your Address
• Pension Contributions
• Payment Totals
• Net Pay
• Taxes

Social Security Number

It is really important that employees double check their company has the correct social security number, and correct bank details. This ensures any tax deductions taken are correct and reported to the government, so that when it comes to doing tax returns, there are no issues. Correct bank details also ensures salary and any tax refunds are quickly paid into the correct account.

Paw Vej, Financer.com Ldt

Your Address

It’s important to check your documents to make sure your address is correct because you’ll receive your tax forms at that address. You should double-check both that the address itself is correct, especially if you’ve recently moved, as well as the spelling, house or apartment number, and zip code. It’s better to catch a mistake early than to find out about it only when you haven’t received your tax documents at the beginning of the year.

Mark Pierce, Cloud Peak Law Group

Pension Contributions

The contributions you make towards your pension are very important to verify on your pay stub each time you receive one, as there have been numerous fraud cases. Unscrupulous employers have been reported to shortchange their employees when it comes to their pension contributions; thus, many of them end up with nothing when it is time to retire.

Here at Mobitrix, we remind all our employees to check the pension contributions section of their pay stub to ensure that it corresponds with the contributions they agreed to. Moreover, we also proofread each pay stub and email it to our employees with the correct figures to enhance our employee relations and ensure job growth for each employee.

John Tian, Mobitrix

Payment Totals

Check your payment totals. Just because much of the payroll process is automated doesn’t mean there aren’t mistakes. While it can seem laborious to look over the numbers and do the math to ensure you’re being the proper amount, it’s still certainly worth your time. I know of several contacts at different companies over the years who were able to identify they were being shorted sixty or seventy dollars per paycheck, which over the course of several years would have amounted to thousands of dollars.

Daniel Sathyanesan, Winden

Net Pay

The net pay is crucial to double-check on your pay stubs otherwise you may find yourself missing out on income that you should have earned or failure to file taxes that may have been missed out on before your net pay was calculated. The responsibilities of the worker will also be illustrated through the net pay and is thus important to double-check to ensure you are being compensated accordingly. There are also other complex employment laws that can easily be breached and land you in trouble if you fail to regularly check your pay stub to confirm what’s recorded as your net pay.

Ryan Yount, Luckluckgo

Taxes

Federal, state, and local taxes are often listed as a deduction on an employee’s pay stub. The federal income tax is the most mandatory and is directly collected from the paycheck and sent to the IRS regulatory. Furthermore, contractors and freelance workers are responsible for withholding their own taxes. Tax filing season is an inevitable aspect of employment, so employees should be aware of key tax information for that special time of year. Mistakes on returns can lead to significant penalties and interest, so it’s always a good idea to double check tax info on pay stubs.

Michelle Arnau, Rowan

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