19.4k views
3 votes
Prompt
How is net pay different from gross pay?

User CaldasGSM
by
6.6k points

1 Answer

3 votes

Answer:

Gross pay: amount of money your employees receive before any taxes and deductions are taken out.

Net pay: amount of money your employees take home after all deductions have been taken out.

Net Pay is the money they actually get on payday

User Kevin Cunnane
by
6.4k points