gross pay
Gross pay is the total earnings of an employee before any taxes and other deductions are applied.
Gross pay is the initial salary or wages that an employee earns. This figure doesn't include any deductions such as income tax, superannuation, or health insurance contributions. For instance, if an employee's salary is $50,000 per year, that's their gross pay. After deductions, what they actually take home (net pay) will be less.
Explore more terms
Whether you're looking for definitions of other related terms or just browsing, our full list offers a wealth of information at your fingertips.
Back to Glossary