Earth hath swallow’d all my hopes but she,<span>She is the hopeful lady of my earth:</span>
Gross pay and net pay are terms given to your pay before and after deductions. Let’s say you make $10 an hour and worked for 10 hours for 1 week. Your gross pay would be $100. After taxes, deductions for insurance, retirement/401K, etc., let’s say what you had left was $65. What that means is that $65 would be your net pay. “Net pay” is sometimes called “take home pay” because it’s what is left for you after all the necessary subtractions.
