Jump to content
  • Sign Up

What is gross pay?


John Morris
 Share

Recommended Posts

The gross pay is the total earning of an employee. 
The basic salary is accompanied many times by another employee's earnings like bonuses, commissions, payment for overtime work, vouchers, vacation payment, tips etc.

From gross pay are reduced the taxes paid for government, medical insurance, and pension contributions.

Another word, gross pay represents all the payments an employee earns before reducing the taxes.

Link to comment
Share on other sites

 Share

Loyverse Point of Sale

 

 

 

 

×
×
  • Create New...