230k views
4 votes
Gross wage refers to the wage an employee earns before deductions are subtracted.

True
False

2 Answers

4 votes
True because gross wage is before deductions and net wage is after deductions
User Alexey Alexeenka
by
6.3k points
6 votes

This sentence is true.

The gross wage is the nominal wage, that is, the combined wage between employer and employee at the time of the conclusion of the labor agreement. This is the amount before the incidence of any type of tax rebate.

After the incidence of the discounts on the gross salary, the worker receives the net salary, that is, the money that is actually received.

User WYi
by
7.1k points