Definition, Meaning & Synonyms
gross-pay
Noun
/ɡroʊs peɪ/
Definition
Gross pay is the total amount of money earned by an employee before any deductions are made, such as taxes, social security, or insurance premiums.
Examples
- The gross pay of the employees increased after the annual performance evaluations.
- Before budgeting, it’s important to know your gross pay to understand your total earnings.
- The job listing stated that the gross pay for the position was $50,000 per year.
Meaning
It represents the full income a worker receives for their labor, without taking any subtractions into account.
Synonyms
- total earnings
- total income
- salary
