What does gross pay mean?

Definitions for gross pay
gross pay

This dictionary definitions page includes all the possible meanings, example usage and translations of the word gross pay.


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Wiktionary

  1. gross paynoun

    An amount of pay, wages, salary, or other compensation before deductions, such as for taxes, insurance, and, retirement.

  2. gross paynoun

    A payment for the entire year's income.

Wikipedia

  1. gross pay

    A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis. From the point of view of running a business, salary can also be viewed as the cost of acquiring and retaining human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts.A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary. Salaries are typically determined by comparing market pay-rates for people performing similar work in similar industries in the same region. Salary is also determined by leveling the pay rates and salary ranges established by an individual employer. Salary is also affected by the number of people available to perform the specific job in the employer's employment locale (supply and demand).

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Numerology

  1. Chaldean Numerology

    The numerical value of gross pay in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of gross pay in Pythagorean Numerology is: 3


Translations for gross pay

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"gross pay." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/gross+pay>.

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