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Margarita [4]
3 years ago
12

Gross wage refers to the wage an employee earns before deductions are subtracted.

Business
1 answer:
Sonja [21]3 years ago
7 0

Answer:

True

Explanation:

Gross wage is the pay before adjusting for taxes and other deductions. The term gross means before deductions. For example, when calculating profits, gross profits means the earnings before deducting expenses.

Net wages contrast gross wages. While gross wages do not include deductions, net wages is the income after adjusting for all deductions.  Calculating the gross wage will include involves adding basic pay and other earnings such as commissions, allowances, and bonuses.

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