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  2. Net (economics) - Wikipedia

    en.wikipedia.org/wiki/Net_(economics)

    A net (sometimes written nett) value is the resultant amount after accounting for the sum or difference of two or more variables. In economics , it is frequently used to imply the remaining value after accounting for a specific, commonly understood deduction.

  3. Salary - Wikipedia

    en.wikipedia.org/wiki/Salary

    Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.

  4. Net income - Wikipedia

    en.wikipedia.org/wiki/Net_income

    Net income can also be calculated by adding a company's operating income to non-operating income and then subtracting off taxes. [4] The net profit margin percentage is a related ratio. This figure is calculated by dividing net profit by revenue or turnover, and it represents profitability, as a percentage.

  5. Gross vs. Net Income: Understanding the Difference - AOL

    www.aol.com/gross-vs-net-income-understanding...

    Your might owe $20,000 a year to rent your beachside storefront, another $15,000 for the ad campaign that got most of your customers in the door and then the $35,000 salary for your salesman Phil ...

  6. Why Your Take-Home Pay Is Not Your Base Pay - AOL

    www.aol.com/finance/why-home-pay-not-pay...

    Gross Pay Is What You Earn, Net Pay Is What You Keep. Let’s say for the sake of round numbers that you landed a job that pays $52,000 a year. That’s $1,000 a week — not too shabby for your ...

  7. Disposable household and per capita income - Wikipedia

    en.wikipedia.org/wiki/Disposable_household_and...

    When taxes and mandatory contributions are subtracted from household income, the result is called net or disposable household income. A region's mean or median net household income can be used as an indicator of the purchasing power or material well-being of its residents.

  8. Employee compensation in the United States - Wikipedia

    en.wikipedia.org/wiki/Employee_compensation_in...

    Compensation can be fixed and/or variable, and is often both. Variable pay is based on the performance of the employee. Commissions, incentives, and bonuses are forms of variable pay. [2] Benefits can also be divided into company-paid and employee-paid. Some, such as holiday pay, vacation pay, etc., are usually paid for by the firm. Others are ...

  9. Gross income - Wikipedia

    en.wikipedia.org/wiki/Gross_income

    It is opposed to net income, defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions). For a business, gross income (also gross profit , sales profit , or credit sales ) is the difference between revenue and the cost of making a product or providing a service, before deducting overheads , payroll ...