On payday, you’ll find your Workday payslip online. Your payslip contains more information and greater detail than it did pre-Workday. Here are answers to questions you may have about viewing and understanding your payslip.
OASDI (Social Security and Medicare) are mandatory federal payroll taxes. Federal Insurance Contributions Act (FICA) is the combined employee and employer portions of mandatory OASDI (Social Security and Medicare) taxes.
Social Security is withheld on taxable gross income up to an annual wage limit each year.
Medicare is withheld on taxable gross income.
Most payments to employees have Federal Withholding Tax deducted based on the IRS Semi-Monthly Tax Withholding Table, your IRS Form W-4 Withholding Allowance Certificate, and any pre-tax deductions you have elected.
Payments made separately from salary payments are exceptions to the withholding tax guidelines, as follows:
- Supplemental Wage payments (e.g., Awards, Employee Separation Authorization Payments—vacation time paid at separation from the UW—as well as some other payments) have a Federal Withholding Tax rate of 25%.
State Income Tax
Washington is one of seven states in the US that do not have a state income tax. Employees working and residing in Washington have no state income tax liability.
However, if you are working in a state that does have an income tax, the UW is required to withhold income tax for the state(s) in which your services are performed.
A typical payslip in Workday is pictured below and described in the table that follows. Your payslip may differ in some sections, depending on your earnings types, deductions, paid time balances, and other factors.
If you are paid by paper check (rather than by direct deposit), your payslip will contain a summary of the information below.