The pay actually received by an employee after adding bonuses and deducting...
what is left of your pay after deductions for taxes and dues and insurance etc
The amount of money one has available after taxes have been taken out of their pay. Total wages, salary, commissions and/or bonuses minus payroll deductions.
In the context of a federal tax levy, the amount of an employee's wages that remains after all normal deductions in effect at the time of the levy have been subtracted.
The amount an employee "clears" on her or his payroll check. It is also the "net" amount: the gross salary or wages minus the witholdings/deductions for payroll taxes and voluntary deductions for union dues, employee share of health care costs, charitable deductions, garnishments, etc. To Top