What is the difference between gross & net pay

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asked May 5, 2023 78.5k views

1 Answer

Marcelo Biffara · Answer 1 · 2023-05-08T19:32:01+0000

Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.

What is the difference between gross & net pay

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