What is another term for take home pay?, In this page you can discover 10 synonyms, antonyms, idiomatic expressions, and related words for take–home–pay, like: net-earnings, net income, net–pay, net wages, pay after deductions, real wages, take–home, take–home income, taxable income and wages after taxes.
Furthermore, What is meant by take home pay?, Take–home pay is the net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck. It is the difference between the gross income less all deductions. … The net amount or take–home pay is what the employee receives.
Finally, What is another word for net income?, other words for net income
- net earnings.
- net pay.
- net wages.
- real wages.
- take-home.
- take-home income.
- taxable income.
- wages after taxes.
Frequently Asked Question:
What is another word for payoff?
In this page you can discover 45 synonyms, antonyms, idiomatic expressions, and related words for payoff, like: payola, conclusion, climax, culmination, fee, graft, outcome, profit, result, retribution and reward.
What is it called when something pays off?
If something you have done pays off, it is successful: All her hard work paid off in the end, and she finally passed the final exam. SMART Vocabulary: related words and phrases.
What is the meaning of payoff?
(Entry 1 of 3) 1a : profit, reward. b : retribution. 2 : the act or occasion of receiving money or material gain especially as compensation or as a bribe.
Is Net Income another word for revenue?
The bottom line, or net income, describes how efficient a company is with its spending and managing its operating costs. Income is often considered a synonym for revenue since both terms refer to positive cash flow.
How do you find the net income?
The formula for calculating net income is:
- Revenue – Cost of Goods Sold – Expenses = Net Income. …
- Gross income – Expenses = Net Income. …
- Total Revenues – Total Expenses = Net Income. …
- Net Income + Interest Expense + Taxes = Operating Net Income. …
- Gross Profit – Operating Expenses – Depreciation – Amortization = Operating Income.
What take home pay means?
Take–home pay is the net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck. It is the difference between the gross income less all deductions.
How is take home pay calculated?
Figure out the take–home pay by subtracting all the calculated deductions from the gross pay, or using this formula: Net pay = Gross pay – Deductions (FICA tax; federal, state and local taxes; and health insurance premiums).
Does take home pay include 401k?
An employee’s take–home pay is the difference between their gross pay and deductions. Mandatory deductions typically include federal income tax, Social Security tax, Medicare tax, and state and local income taxes. … Other deductions that impact take–home pay include: 401(k) or other retirement contributions.
What is another term for take home pay?
In this page you can discover 10 synonyms, antonyms, idiomatic expressions, and related words for take–home–pay, like: net-earnings, net income, net–pay, net wages, pay after deductions, real wages, take–home, take–home income, taxable income and wages after taxes.
What word is synonymous with take home pay?
What is another word for take-home pay?
| net income | net salary |
| net income after deductions | net pay |
| net wages | real wages |
| take-home | take-home income |
| taxable income | wages after taxes |
What is the best term for take home pay?
Also known as “net pay” or “net income,” take–home pay is calculated by taking an individual’s gross income and subtracting federal income tax, Medicare and Social Security taxes, state and local income taxes, health and dental insurance premiums, retirement contributions, contributions to flexible spending accounts …
What does take home pay means?
Take–home pay is the net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck. … It is the difference between the gross income less all deductions.
What is another name for net pay?
Also known as “net wages” or “net income,” net pay is the amount that remains after subtracting federal income tax, Medicare and Social Security taxes, state and local income taxes, health and dental insurance premiums, retirement contributions, contributions to flexible spending accounts and other obligations from the …
What is another word for net pay?
What is another word for net pay?
| take-home pay | net income |
| pay packet | after-tax income |
| net earnings | net income after deductions |
| net wages | real wages |
| take-home | take-home income |
What is a net pay?
Net pay refers to the amount an employee takes home, not the amount it costs to employ them. Retirement plan contributions, employee benefits, and employer FICA taxes are deducted before an employee receives their net pay.
What is another word for net?
| mesh | netting |
| fishnet | lace |
| latticework | network |
| openwork | tulle |
| webbing | reticulum |
What is the fancy word for take-home pay?
In this page you can discover 10 synonyms, antonyms, idiomatic expressions, and related words for take–home–pay, like: net-earnings, net income, net–pay, net wages, pay after deductions, real wages, take–home, take–home income, taxable income and wages after taxes.