Answer: Gross pay
Explanation: When it comes to payroll and paychecks, there are two important terms to understand: net pay and gross pay. Gross pay is the amount of money your employees receive before any taxes and deductions are taken out.
The amount of money paid after all the taxes and deductions are taken out is Net pay or take-home pay.
Gross pay is what employees earn before taxes, benefits, and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.
The Net pay is the difference between the gross income less all deductions. Deductions include federal, state, and local income tax, Social Security and Medicare contributions, retirement account contributions, and medical, dental, and other insurance premiums.
The money that an employer pays to an employee is the paycheck and after all the deduction of taxes and other benefit contributions the amount of money left is called the Net pay.
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