麻豆传媒

How to Read Your Paycheck

  1. Personal Information
    • This is where you will find information such as your name, address, and the department for which you work.
  2. Tax Data
    • Your tax data as indicated on the W-4 Form you filled out.  If you are a resident of OR or MT, or work in either of those states, the second column will indicate your state tax data.
  3. Hours and Earnings
    • This section shows the earnings types you have received over the course of the current calendar year.  The 鈥淐urrent鈥� columns will show your pay rate, hours worked, and earnings for this pay period.  The 鈥淵TD鈥� columns will show your hours worked and amounts earned during the current year (year-to-date).
  4. Taxes
    • The taxes being withheld from your paycheck鈥攂oth for this pay period and for the year-to-date.
      • Fed Withholding
        • This is Federal Withholding Tax, based on the number of Withholding Allowances indicated on your W-4 Form.
      • Fed MED/EE
        • This is the employee鈥檚 portion of Federal Medicare Tax.
      • Fed OASDI/EE
        • This is the employee鈥檚 portion of Federal Social Security Tax.
        • Any state taxes (i.e., OR Withholding) will be listed here as well.
  5. Before Tax-Deductions
    • Any deductions taken from your paycheck prior to taxes being calculated.
    • For benefit eligible faculty/staff, these deductions include Major Medical (health insurance), 403(b) Voluntary-ER Match (your retirement contribution), and more (depending on your benefit enrollments).
  6. After Tax-Deductions
    • Any deductions taken from your paycheck after taxes are calculated.
      • Every employee (except those in Montana) will have a Workers Compensation deduction in this section.
      • Another common after-tax deduction is an Accounts Receivable deduction.
      • For students, A/R deductions are based on the percent of net pay you indicated at Student Employment.  The amount of this deduction goes directly from your paycheck to your student account.
      • For faculty and staff, A/R deductions are for the grand total balance on your account.  Charges on your account include, but are not limited to, purchases at the DX, Cafeteria, or U-Shop, or any balance remaining on your student account.  Faculty and staff are not allowed to have a balance owing on their accounts.
  7. Employee Paid Benefits
    • Any benefits 麻豆传媒 pays on your behalf will be listed here.  Please note that the amounts in this section are not deducted from your paycheck.
      • 麻豆传媒鈥檚 portion of your medical insurance, life insurance, disability insurance, and retirement contributions are listed here. Note that 麻豆传媒 pays both the basic 5% of your wages to your retirement account, as well as matching your contribution up to 3% of your wages.
  8. Totals
    • This section will show the total amounts you have earned, both in this pay period (鈥淐urrent鈥�) and during the year (鈥淵TD鈥�) for five categories:
      • Total Gross
        • What you have earned overall.
      • Fed Taxable Gross
        • The portion of your earnings that is taxable.
      • Total Taxes
        • The taxes you have paid.
      • Total Deductions
        • The amounts that have been deducted from your earnings.
      • Net Pay
        • The total amount you get to keep after taxes and deductions.
  9. Net Pay Distribution

    • This section will show you the form in which you were paid.
      • If you received a paper check, the 鈥淎ccount Type鈥� column will read 鈥淚ssue Chk,鈥� with the check number of that check shown to the left.
      • If your check was direct deposited into your bank account, the 鈥淎ccount Type鈥� column will say which type of account it was (Checking or Savings), and the 鈥淎ccount Number鈥� column will show your bank account number.
      • The 鈥淎mount鈥� column for either method of distribution will show your net pay.