Or gross earnings or gross wages pay before deductions such as income tax and national insurance contributions. Net pay is pay after deductions. ... Found on http://www.encyclo.co.uk/local/20688
Gross pay, often called gross wages, is the total compensation earned by each employee. Notice I didn?t say it was the total amount paid to each employee. Gross pay typically consists wages, salaries, commissions, bonuses, and any other type of earnings before taxes and related?deductions?are taken out of it. Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction