ThePayStubs

401(k) Tracking

ThePayStubs 401(k) Tracking feature enables employers to accurately monitor and manage employee contributions to retirement savings plans. This function supports automatic deductions from paychecks, employer matching entries, and real-time updates to retirement balances. It ensures compliance with IRS regulations and offers employees a clear view of their savings. By integrating with payroll, it reduces administrative burdens and enhances retirement planning transparency for both employers and employees.

Attendance Tracking

ThePayStubs Attendance Tracking offers an efficient solution for recording employee time, monitoring punctuality, and managing hours worked. Whether integrated with biometric systems or used manually, this feature helps maintain accurate attendance logs that directly influence payroll calculations. It supports overtime tracking, shift-based scheduling, and absence management, ensuring compliance with labor laws and providing data-driven insights into workforce productivity and time utilization.

Benefits Management

ThePayStubs Benefits Management system streamlines the administration of employee benefits such as health insurance, life coverage, and retirement plans. It allows employers to configure and manage benefit offerings, track employee enrollments, and align benefits-related deductions with payroll processing. The system enhances transparency by providing employees with access to their benefits details while ensuring that organizations remain compliant with applicable benefits regulations and reporting requirements.

Check Printing

ThePayStubs Check Printing feature provides employers with the ability to generate professional, compliant, and accurate payroll checks directly from the platform. It supports customized check templates, includes all required tax and deduction information, and integrates with payroll data to ensure consistency. Ideal for companies that offer physical payment options, this feature ensures reliability in wage distribution and maintains a clear audit trail of issued checks.

Compensation Management

ThePayStubs Compensation Management enables businesses to design, manage, and administer salary structures, bonuses, and performance-based incentives. It tracks compensation changes over time, supports multiple pay grades, and ensures accurate payroll integration for timely disbursements. By aligning compensation policies with company goals and regulatory standards, this feature promotes fair pay practices, transparency, and strategic workforce planning across departments and organizational levels.

Deductions Management

ThePayStubs Deductions Management simplifies the handling of various mandatory and voluntary deductions from employee wages. From health insurance premiums to retirement contributions and wage garnishments, this feature ensures all deductions are calculated correctly and updated in real-time. It maintains full compliance with applicable laws and agreements, integrates seamlessly with payroll, and generates detailed deduction reports that enhance transparency and payroll accuracy.

Direct Deposit

ThePayStubs Direct Deposit functionality allows employers to deliver wages securely and directly to employees’ bank accounts. This feature reduces reliance on paper checks, speeds up payroll processing, and minimizes the risks of lost or delayed payments. It supports multiple bank accounts per employee, ensures compliance with banking regulations, and improves overall payroll efficiency by automating the fund transfer process within each pay cycle.

Leave Tracking (Vacation)

ThePayStubs Leave Tracking (Vacation) functionality provides a centralized platform for managing paid time off, including vacation days, sick leave, and personal time. It allows for easy request submissions, manager approvals, and automatic balance updates. Leave data is fully integrated with payroll to ensure accurate compensation adjustments. This feature supports custom leave policies and helps maintain legal compliance while enhancing employee satisfaction and planning.

Self Service Portal

ThePayStubs Self Service Portal empowers employees by giving them secure access to their payroll-related information. Through this portal, users can view and download pay stubs, update direct deposit details, track leave balances, and access tax forms. This feature enhances transparency, reduces the workload on HR teams, and ensures employees have 24/7 control over their personal and financial information related to payroll.

Tax Management

ThePayStubs Tax Management automates the calculation, deduction, and filing of payroll taxes at the federal, state, and local levels. It stays current with evolving tax laws and ensures timely submissions to relevant authorities. This feature reduces the risk of errors and penalties, supports year-round compliance, and generates essential tax forms, enabling employers to handle complex tax responsibilities with confidence and accuracy.

W-2 Preparation

ThePayStubs W-2 Preparation feature simplifies year-end reporting by compiling wage and tax data into accurate, IRS-compliant W-2 forms. It allows for easy review, electronic delivery to employees, and secure submission to government agencies. This feature reduces the administrative burden associated with tax season and ensures employees receive correct and timely documentation for filing their personal income tax returns.

Wage Garnishment

ThePayStubs Wage Garnishment feature handles court-ordered deductions such as child support, tax levies, and debt repayments directly within the payroll process. It ensures compliance with garnishment laws by calculating correct withholding amounts and prioritizing multiple orders appropriately. Integrated with payroll, this feature maintains accurate records, provides reporting tools, and safeguards employers from legal risks while ensuring fair and lawful treatment of employees.