What To Do In The Event The Paystub Is Lost

Alongside receiving the pay at the agreed period, the employee also needs an itemized document for what has been paid. To serve this purpose, the employee therefore receives a paystub alongside the pay. The document comes as of importance to the employee when seeking for further services from financial institutions alongside other agencies. Losing the document however comes with numerous risks to the employee. The loss exposes the information of the employee to thieves and other forms of scammers. To avoid further losses and any prevalent attack on ones finances, the employee then needs to undertake a number of important steps.

Loss of the paystub means the employees financial information is also lost. Such information in the hands of the thief can easily give access to the employees accounts. The first step in this respect is to ensure the bank is contacted by the employee. Any activities on the employees accounts are therefore monitored closely by the bank to avoid any unauthorized withdrawals or such attempts. Steps that include freezing of the account maybe considered by the bank and this move works to ensure that any attempts to access the account are not possible for the frozen period.

The employee should then proceed to the employers office and give notification to the human resource department on the loss of the paystub. The move seek to curb any move by the thief to access the paycheck from the accounting department. The department when contacted in such a case may opt to provide with a new paystub as well as the paycheck. In certain instances, there may be need to have the request made in writing in order to make it formal and for filing purposes.

Information on the paystub comes as vital and is applicable on many platforms and in such way increasing the risk on the employee. The employee’s financial matters are at a great risk in this respect. As an enhancement for financial safety, of importance is to create a credit fraud alert. In such way, this initiates measures that keep track on any information on the paystub used on any financial platforms. Attempts by the thief that include seeking for new cards are therefore thwarted. To compliment this the employee may consider seeking police assistance.

Loss of the paystub may also mean losing the pay. This comes alongside the private information that the paystub carries. Undertaking safety measures therefore comes in handy when the paystub is lost to avoid further losses. In such way, it serves as a point to initiate the tracking process when ensuring everything remains safe.

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