the amount of money a worker receives before any deductions
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
Gross pay is pay before taxes have been deducted were net pay is after taxes.
Gross. It's what you earn before any deductions.
the amount of money you actually earn during a given pay period
gross pay: the amount made before taxesnet pay: the amount after subtracting taxes and benefit from your gross pay
The portion of gross pay that an employer deducts from an employee's paycheck each pay period.
The portion of gross pay that an employer deducts from an employee's paycheck each pay period.
are garnishments calculated by gross pay or net pay
Gross pay is what your pay is before tax deductions.
The gross pay out consists the total pay out that an individual could receive, without deductions coming from taxes, other benefits, etc. The gross pay out includes the individuals' basic pay + the benefits + deductions that will be rendered once the gross pay out is computed.
Net pay = gross pay - deductions. Or in percentages: Net pay = gross pay x (1 - percentage of deductions / 100) If you have any two of these, you can solve the third. For example, in the last formula: gross pay = net pay / (1 - percentage of deductions / 100)
Gross pay is pay before taxes have been deducted were net pay is after taxes.
agp gross pay
It can be used to buy things and pay for them over time.
withholdings
No ... Net pay is what you get to take home after taxes. Gross pay is your salary before taxes.