gross pay
Total earnings initially
Gross pay is the total amount earned before any deductions.
It includes wages, salary, bonuses, and overtime—everything an employer pays before taxes, insurance, and retirement contributions are subtracted.
Her gross pay was $5,000, but after deductions she took home $3,800.
Contrast with net pay, the amount actually received.
Payment for work
- salaryFixed periodic employment payment
- remunerationPayment for work done
- earningsMoney gained from work
- hourly ratePay calculated by time
annual salary · stipend · commission · bonus · tips · gratuity · allowance · honorarium
Compensation for labor
- wage slipRecord of compensation received
- earnings statementRecord of compensation received
- timesheetRecord of hours worked
- W-2Employer-issued tax form
direct deposit · payroll · exempt · non-exempt · salaried · full-time · part-time
Earnings subject to taxation
- pre-taxBefore levies apply
- hourlyOnce each sixty minutes
- weeklyEvery seven days
- biweeklyEvery two weeks
semimonthly · monthly · annual · year-to-date · accrued · accumulated
Keeping from another
- federal taxGovernment-collected income share
- state taxRegional government revenue charge
- FICAFederal wage withholding law
- social securityPublic financial protection programs
payroll tax · health insurance · retirement contribution · 401k · pretax deductions · garnishment · union dues
wages
Payment for work
- salaryFixed periodic employment payment
- remunerationPayment for work done
- earningsMoney gained from work
hourly rate · annual salary · stipend · commission · bonus · tips · gratuity · allowance · honorarium · emolument
paycheck
Compensation for labor
- wage slipRecord of compensation received
- earnings statementRecord of compensation received
- timesheetRecord of hours worked
W-2 · direct deposit · payroll · exempt · non-exempt · salaried · full-time · part-time
taxable income
Earnings subject to taxation
biweekly · semimonthly · monthly · annual · year-to-date · accrued · accumulated
withholding
Keeping from another
- federal taxGovernment-collected income share
- state taxRegional government revenue charge
- FICAFederal wage withholding law
social security · payroll tax · health insurance · retirement contribution · 401k · pretax deductions · garnishment · union dues
- wageswage, salary, paycheck, income, earnings
- wage datawage rates, wage levels, average wage, median wage, hourly wages
- financial termswealth, asset, currency, balance sheet, audit
- compensationsalary, income, wage, bonus, payment
- incomesalary, earnings, income, wages, net earnings
- paycheckdeductions, earnings, net earnings, base salary, salary
gross paynet pay
Earnings after withholdings
take-home pay · net income · net earnings · disposable income · after-tax income
pay, gross, aggregate, engross, engrossed, engrossing, grossness, aggrandize, grossly