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What does gross pay and net pay mean?

April 26, 2017gross mean NET pay

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What does gross pay and net pay mean?

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Gross pay is what you make before any deductions. If a job is advertized at $30,000 a year, then that’s the gross pay. Net pay is what’s left after taxes, health benefits and other deductions are taken out of your check. So gross pay of $30,000 would become something like net pay of $22,564.