Page History
...
Payroll Advances are a way for missionaries to receive a portion of their future paycheck early. It is not to be considered "extra" or "additional" salary. Employees who are granted a Payroll Advance Payroll Advance will, in most cases, have the advance subtracted from their next paycheck. When the Payroll Advance is deducted, the employee's pay stub on Staffnet will show the regular gross pay but will show the Payroll Advance being subtracted in the After-Tax Deduction portion advance deduction as "Advance Repayment" in the Gross to Net Pay section of the pay stub.
Note | ||
---|---|---|
| ||
For example, John Smith expects to receive $2,000 after taxes and deductions on March 15th for his February work. He is in need of $500 in February to pay for some emergency expenses so he submits a Payroll Advance Request. The request is approved by Reliant and he receives $500 in February as an advance. On his March 15th paycheck, he will now net $1,500 ($2,000 normal salary, after taxes and deductions, less the $500 that was advanced to him). |
...