Have you ever wondered, “What is MIP on my check stub?” Essentially, ‘MIP’ stands for ‘Member Investment Plan’, a retirement savings plan that employers and employees often contribute to equally, which is reflected on pay stubs. As experts in...
Have you ever wondered, “What is PAC on my paystub?” You’re not alone. “PAC” stands for a Political Action Committee. It refers to organizations who pool political campaign contributions from members and donate those funds to support or oppose...
After working overtime for several grueling hours, have you ever wondered, “What is EWW on a paystub?” ‘EWW’ stands for Extended Work Week, a term used to describe additional hours worked beyond the standard workweek. It’s typically used to...
You may be getting ready for tax season and wondering, “What is EIT on paystub?” In layman’s terms, “EIT” stands for Earned Income Tax, a local tax collected from employees. It appears on your pay stubs to show the amount withheld by your employer for tax...
Are you looking to invest directly in your organization and wondering, ‘What is ESPP on paystub’? An Employee Stock Purchase Plan (ESPP) allows employees to purchase company stock at a discounted price. When ESPPs yield a profit, you receive payments from your...
