Payslip for Teachers Example [Edit & Download]

Institution Name: Bright Future Academy
Institution Address: 456 Education Lane, Los Angeles, CA 90012
Institution Contact: +1 987-654-3210
Email: hr@brightfuture.edu

Employee Name: Sarah Thompson
Employee ID: TEA10234
Department: Mathematics
Designation: Senior Mathematics Teacher
Joining Date: August 20, 2018
Work Location: Main Campus
Pay Period: January 1, 2025 – January 31, 2025
Date of Payment: February 1, 2025
Total Working Days: 22
Leaves Taken: 2

Earnings
Basic Salary: $5,500
House Rent Allowance (HRA): $1,000
Transport Allowance: $200
Medical Allowance: $300
Classroom Performance Bonus: $600
Examination Duty Allowance: $500
Overtime Pay: $400
Special Teaching Allowance: $300
Total Earnings: $8,800

Deductions
Income Tax: $900
Health Insurance: $200
Provident Fund (PF) Contribution: $600
Professional Tax: $100
Teacher Union Fee: $50
Loan Deduction: $250
Total Deductions: $2,100

Net Salary: $6,700

Payment Method: Bank Transfer
Bank Name: National Teachers Bank
Account Number: ****4567
SWIFT Code: NTBTEACH12
PF Number: PF987654
ESI Number: ESI54321

Attendance & Leave Details
Total Paid Leaves: 15
Sick Leaves Taken: 1
Casual Leaves Taken: 1
Unpaid Leaves: 0
Total Teaching Hours: 160
Extra Classes Taken: 5

Tax Information
Taxable Income: $8,500
Tax Rate Applied: 10.5%
Tax Amount Deducted: $900

Additional Benefits
Health Insurance Coverage: Yes
Retirement Plan Contribution: Yes
Education Allowance for Children: Yes
Housing Assistance: No
Transport Facility: Yes

Employer Notes:
This is a system-generated payslip. For any concerns, please contact the HR department at hr@brightfuture.edu.