Net pay

From CNM Wiki
Jump to: navigation, search

Net pay is gross earnings less deductions. Net pay, or take-home pay, is what the worker actually takes home.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Net pay. Gross earnings less deductions. Net pay, or take-home pay, is what the worker actually takes home.

Related concepts

Related lectures