No ... Net pay is what you get to take home after taxes. Gross pay is your salary before taxes.
Gross pay
Pay including all benefits is called a gross pay. However, after deductions carried, it may be termed as "NET" pay or 'take home salary'.
gross pay
deductions.
Gross pay is what your employer has agreed to pay you when you are hired. After that, when you get paid, there are various taxes etc deducted which your employer has to send to various authorities. What you receive after all this is called your Net Pay.
That is false. Gross pay is the amount that an employer pays, before deductions for taxes. What you actually take home is called the net pay.
Gross pay is what your employer has agreed to pay you when you are hired. After that, when you get paid, there are various taxes etc deducted which your employer has to send to various authorities. What you receive after all this is called your Net Pay.
Gross pay to date is the amount of money an employee has earned, up to a certain date, before taxes are taken out. After taxes are taken out it is called net pay.
gross pay: the amount made before taxesnet pay: the amount after subtracting taxes and benefit from your gross pay
are garnishments calculated by gross pay or net pay
It's called your Net Pay... So that's what's left after taxes and everything else has been taken out of your gross pay. The Gross Pay is your full check IF nothing had been taken out of it. However, no one gets all of their Gross Pay on payday, because SS, taxes, and other deductions are withheld on your behalf.