| Gross Pay |
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Information AboutGross Pay |
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The sum of all ) or as a rate (usually an Hour ) Multiplied by a pay Rate . Other units or measures for such a calculation include pieces (e.g. sold or assembled). An example Gross Pay might also include a bonus that an employee receives for good performance on his or her Job , commission earnings that the employee might be awarded as part of a sales effort, or even the value of some benefit that has been already awarded to the employee but needs to be Taxed as a part of Payroll . EXAMPLE In this example below, the employee in question is subject to all taxes for the earnings in question.
Total Gross Pay: 180.25 + 42.50 + 500.00 = 722.75 |
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